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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

Bear Sterns to Acquire Interests in AEP Plants

LCG, Mar. 10, 2004--An agreement has been reached by American Electric Power and indirect subsidiaries of The Bear Stearns Companies Inc. that partial interests in four independent power plants will be sold by AEP for $156 million overall.

According to AEP's chairman, president and chief executive officer, Michael G. Morris, the plants are not part of the company's "core utilities" and do not represent an important part of its geographic strategy. Before the deal can be completed, it will require approval from partners and lenders as well as regulatory review.

The plants, all of which are gas-fired combined-cycle cogeneration facilities, include the 68-megawatt Brush II in Brush, Colo.; Thermo, a 272-megawatt plant in Ft. Lupton, Colo; Mulberry, a 120-megawatt plant in Bartow, Fla; and Orange, a 103-megawatt plant in Bartlow, Fla. AEP came to retain partial interests of between 40 and 50 per cent in each of the plants, which are qualifying facilities, when it merged with Central and South West Corp.

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