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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

Southern Company Withdraws Request for Loan Guarantee for Kemper County Coal Project

LCG, April 5, 2013--Southern Company announced that it has withdrawn its request for a $1.5 billion loan guarantee from the U.S. Department of Energy (DOE) for its Kemper County coal project, which is currently under construction by its subsidiary, Mississippi Power. The company concluded that lower-cost financing could be obtained relative to what it expected from the DOE.

"Mississippi Power has secured financing at a lower rate than our certified projected Department of Energy loan, reducing overall costs to customers," stated a Southern Company spokesperson. Furthermore, the spokesperson stated that Southern's withdrawal of its load request is not related to recent actions of the Mississippi Public Service Commission related to rate increases and paying off project debt prior to commencement of operations.

Plant Ratcliffe, located in Kemper County, Mississippi, is a 582-MW IGCC (Integrated Gasification Combined Cycle) project. In December 2010, Mississippi Power held the ground breaking ceremony for the project, and the estimated cost of the project was then $2.4 billion, and operations were targeted to commence in 2014. The project cost is now estimated to be over $3.2 billion, and there is a May 2014 deadline to start service to retain certain tax incentives.
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