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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

Out-of-State Bidding Rule Potentially Harmful, CA ISO Says

LCG, May 28, 2003--A rule that allows only real-time energy bids of zero by non-California generators could unnecessarily restrict power supplies during the summer, according to a filing made with the Federal Energy Regulatory Commission by the California Independent System Operator.

The restriction was put in place to avoid the possibility of power being sold out-of-state, potentially leading to higher-cost purchases by California from out-of-state generators. It was to have ended with the introduction of new software to be used by the ISO, with the FERC's approval. Now, the software is expected to arrive later than planned, by fall of this year.

The grid operator still wants generators to be able to bid more than zero, which would allow them to keep from incurring operating costs greater than the market clearing price when their bids are selected. Even if allowed to bid more, those generators would not be able to set the market clearing price. The ISO said in its filing that out-of-state generators' bids into the real-time energy market are reduced from what they had been before the rule was put in place.
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