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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

Impact of PG&E Rate Hikes Bearable

LCG, June 7, 2002--Higher Pacific Gas & Electric retail electric power rates have been in place for just over a year, and after decreases in consumption, the average monthly increase for households is $8, bringing the average bill to $63 for power and gas.

The higher rates are used partially to pay the state of California for its purchases of power through long-term contracts, which started out with a price tag of $40 billion over ten years. The contracts have been roundly criticized as being unjustly priced, even by Gov. Gray Davis, who signed them. Nonetheless, most consumers have borne and paid for the increases because they can afford it. A San Jose resident, Sidney Campbell, was quoted in the San Jose Mercury News, and compared his current bill with the bills he paid two winters ago, when natural gas prices were up 150 percent. "It's still higher. But it's not a big dent. I'd have a hard time standing up and screaming in a public place that somebody's killing us with shenanigans," he said.

Businesses have felt more significant increases, from an extra 34 to 50 percent above their previous rates. Bill Ahern of Consumers Union said, "Businesses got absolutely hammered." Ahern is one of a number of advocates of lowering rates, now that wholesale power prices have come down significantly. PG&E's costs are lower than they had been around the crisis of 2001, before federal price caps.
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