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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

New Jersey to See Deregulation in a Month

LCG, July 1, 2003Starting the first of August, New Jerseys electricity rate caps will be lifted.

It is hoped that the move will lead to a more competitive electricity generation market, although some people are worried about elevated power costs, especially since utilities have racked up $1 billion in deferment.

New Jersey's energy market started opening up four years ago with the Electric Discount and Energy Competition Act, and in August the so-called phase-in period will have expired.

Many non-utility energy companies, especially renewable energy producers, have been trying to compete in the New Jersey market with little success, since prices have been fixed. Retail consumers can expect prices to increase by as much as ten percent this summer as utilities try to recover losses due to high wholesale prices and capped retail prices over the last few years.

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