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The NRC Issues Summary of 2025 Successes

LCG, December 29, 2025--The Nuclear Regulatory Commission (NRC) today issued a summary of its 2025 accomplishments to highlight its commitment to "enabling the safe and secure use of civilian nuclear energy and radioactive materials through efficient and reliable licensing, oversight, and regulation to benefit society and the environment."

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Energy Secretary Issues Emergency Orders to Ensure Indiana Coal-fired Facilities Remain Open to Prevent Midwest Blackouts

LCG, December 24, 2025--The U.S. Secretary of Energy today issued emergency orders to keep two Indiana coal plants operational, with the stated goal to ensure Americans in the Midwest region of the United States have access to affordable, reliable, and secure electricity heading into the winter months. The orders direct CenterPoint Energy, the Northern Indiana Public Service Company (NIPSCO), and the Midcontinent Independent System Operator, Inc. (MISO) to take all measures necessary to ensure specified generation units at both the F.B. Culley and R.M. Schahfer generating stations in Indiana are available to operate.

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Industry News

Support Grows for CPUC's PG&E Bankruptcy Plan

LCG, Aug. 23, 2002--Creditors of the bankrupt utility PG&E are backing a proposal by the California Public Utilities Commission that could govern the way in which PG&E emerges from bankruptcy.

U.S. Bankruptcy Judge Dennis Montali is to select either the proposal by the California Public Utilities Commission or PG&E's own plan, on November 12. Under the deal made with the CPUC, creditors would receive payments from PG&E's rates, which could be set based upon its debt and its need to buy power. The California Department of Water Resources has been buying electricity on behalf of the utility, because the utility lacks credit. PG&E's plan would remove its operations from state oversight of its wholesale electric rates.

The plan, which has been developed with assistance from investment bank UBS Warburg, has been criticized by consumer advocacy groups, who are opposed to rates being set based upon PG&E's heavy debts. PG&E would sell stock under the plan, while PG&E Corp., its corporate parent, would be restricted from realizing profits.

Residential customers of Southern California Edison have been paying rates which are as much as 40 percent higher than they were before wholesale power prices spiraled out of control, in order that the utility can pay its debts.
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