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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

Federal Prosecution of Reliant May Be Near

LCG, Mar. 9, 2004--Federal prosecutors have notified Reliant Energy that an investigation into behavior by subsidiary Reliant Energy Services' traders and employees could lead to criminal indictments, the company has said.

Regulators with the Federal Energy Regulatory Commission (FERC) reached a settlement worth $13.8 million with Reliant over the apparent exercise of market power in Southern California power markets in June 2000, where Reliant Energy Services, now called Reliant Resources Inc., owns power plants. The settlement ended the agency's investigation. Transcripts of conversations between traders with the company were released by FERC, due to the clearly expressed intent to boost prices by deliberately withholding power from the market.

Reliant said that it would argue against any charges brought against it. According to the University of California Energy Institute's Severin Borenstein, who was quoted in the Sacramento Bee, "Frankly, I think they will have a hard time getting very far. I'm not aware of any criminal laws covered by what Reliant did, though I believe they certainly are guilty of exercising market power and driving up prices."

The San Francisco office of the U.S. attorney did not provide comment, as its investigation is pending.
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