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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

Water Authority to Bid for Nevada Power

LCG, Aug. 23, 2002--Nevada Power, which has seen its credit rating fall into junk territory after its last rate case was rejected, has said it received a letter from the Southern Nevada Water Authority (SNWA) indicating an offer to buy the power utility is forthcoming.

The Southern Nevada Water Authority has a high-quality credit rating, and has engaged Morgan Stanley & Co. to assist in developing a planned $1.2 billion bid. SNWA says that not only would it be able to refinance $2 billion of the power utility's debt, but that it could lower rates for power customers by 20 percent. About half of the recent $922 million rate increase that was sought by Nevada Power was granted, while the rest was declared to have been incurred imprudently. Much of Nevada Power's debt resulted when it bought expensive power on the spot market in 2001.

The SNWA serves nearly the same customers as Nevada Power. "If they can solve this and provide a huge reduction in rates to the customers, then the governor's going to be doing cartwheels," Ronald Tanner, an analyst with Legg Mason, told Reuters.
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