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EPA Announces Proposed Rule Action to Revise ELG's and Support Reliable, Affordable Coal-fired Power Plants

LCG, May 14, 2026--The U.S. Environmental Protection Agency (EPA) announced today that it is proposing a rule to revise wastewater limits, known as effluent limitations guidelines (ELG), for steam electric power plants that will help improve grid reliability and lower electricity prices while continuing to support clean and safe water resources. If finalized, the EPA's proposal is estimated to reduce electricity generation costs by as much as $1.1 billion annually, which could provide cost-savings to American consumers.

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DOE Awards $94 Million to Eight American Companies to Accelerate SMR Deployments and Develop Supply Chain

LCG, May 14, 2026--The U.S. Department of Energy (DOE) today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States. The DOE states that awardees will collectively receive more than $94 million in Federal cost-shared funding to spur additional Gen III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain, and site preparation.

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Industry News

Newsmakers

William Powers Jr., dean of the University of Texas School of Law in Austin, Texas, has been elected a director of Enron Corp., effective immediately. The company said he will be chairman of a special committee to examine and take any appropriate actions "with respect to transactions between Enron and entities connected to related parties."

James T. Rhodes, a veteran of more than 30 years in the energy industry, has been named to the Duke Energy Corp. board of directors the company. Dr. Rhodes recently retired as chairman, president and chief executive of the Institute of Nuclear Power Operations.

Susan M. Stalnecker, vice president for finance and treasurer of DuPont Corp., has been named to the PPL Corp. board of directors.

Chesapeake Utilities Adds Three Directors
Diversified utility Chesapeake Utilities Corp., has announced the appointment of three new members to its board of directors, all effective November 1.

  • Thomas J. Bresnan will be a Class I director with a term running from 2001 to 2003. He is chief executive of Anaheim, Calif.-based of New Horizons Worldwide Inc.

  • J. Peter Martin becomes a Class II director with a term running from 2001 to 2004. He is the retired founder, president and chief executive of Miami, Fla.-based of Atlantic Utilities Corp.

  • Joseph E. Moore Esq. will be a Class III director and serve from 2001 to 2002. He is a partner in the Maryland law firm of Williams, Hammond, Moore, Shockley and Harrison.

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