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EIA Analysis of Southwest Hydropower Generation Shows Record Lows and Slow Recovery

LCG, November 13, 2026--The U.S. Energy Information Administration (EIA) today issued an "In-Brief Analysis" highlighting the record lows for hydropower generation in the Southwest this summer. The prolonged drought conditions affecting the Colorado River Basin caused record low hydropower generation this summer in the Southwestern electricity supply region, which includes Arizona, New Mexico, and small parts of Nevada and California. Hydropower generation from April through August 2026 was a full 28 percent lower than the 10-year average and 19 percent lower than during the same period last year.

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NRC Issues Construction Permit for Long Mott High-Temperature, Gas-Cooled Reactor in Texas

LCG, November 11, 2026--The Nuclear Regulatory Commission (NRC) announced on November 9 that it has approved the Construction Permit Application ("CPA") for the Long Mott Generating Station in Texas. Long Mott Energy, LLC (LME) must obtain a separate operating license from the NRC before loading fuel or operating the reactors.

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Industry News

Utilities Act to Face Scrutiny in US Senate

LCG, July 30, 2003The 1935 Public Utility Holding Company Act, which limits investment of utility profits, will face possible repeal this week as part of a larger energy bill.

The PUHCA bill prevents companies that own utilities from using regulated utility profits to fund other, unregulated businesses. The bill was passed by Congress to fend off pyramid-type business practices common during the 1920s and 30s. At that time, huge utility holding companies manipulated electric rates and were not liable for the debts of their utilities. Some scholars believe this practice had a significant hand in the stock market plunge before the Great Depression.

Many industry experts see PUHCA as an outdated bill, essentially limiting utilities and preventing foreign and non-utility companies from entering the market. Others see the bill as essential for preventing utility holding companies from moving outside of regulators control.

Large utilities are clearly very interested in the repeal, and the Bush administration finds PUHCA a relic of the past. Several organizations, including the Union of Concerned Scientists, strongly oppose the repeal.

While the House already chose to repeal the act in April, the Senate will consider the bill sometime in the next few days. Republican Senators have insisted that an energy bill will be passed by the end of the week, even if discussion must go into the weekend.

The energy bill in question also includes, among other matters, natural gas drilling, energy market issues, ethanol use, and SUV fuel efficiency.

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