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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

Philly Gas Works asks for $64 Million Rate Cut

LCG, May 4, 2001--The Philadelphia Gas Works, the big municipal natural gas utility in the City of Brotherly Love, said yesterday it has filed a request with the Pennsylvania Public Utility Commission to lower gas cost rate. The reduction could result in nearly $64 million in savings for its more than 500,000 customers in the city.

The gas cost rate is a separate charge on Philly Gas Works' customers' bills that reflects the blended cost of natural gas that the utility pays to its suppliers. That cost is passed on to customers without any profit added to it, the gas works said.

The utility is proposing to lower the gas cost rate from $6.6959 to $5.5959 per one thousand cubic feet on September 1.

"This should result in an annual savings of about $110, more than seven percent, for the typical Philadelphia Gas Works residential home heating customer," said Thomas Knudsen, interim chief financial officer.

"This is great news for our customers," he continued. "It indicates that the supply of natural gas isimproving following a tough winter. Additionally, Philadelphia Gas Works is saving by buying and storing reserves at lower market prices and passing those savings on to our loyal customers."

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