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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

Canadian Plan Could Put Some Gas Wells Off-Limits

LCG, July 7, 2003--The announcement by the Alberta Energy and Utilities Board (AEUB) that gas wells in northestern Alberta could be shut in led to a three-day gathering last week of gas producers and developers of oilsands for hearings by the board.

In many locations, natural gas and oilsands are found layered on top of one another, and therefore, those planning to extract either resource will be affected by the final decision. Based on current scientific knowledge, the degree to which they would be harmed or benefitted is under debate. The board bases its proposal on the idea that extraction of gas will decrease pressure that is needed to extract oilsands.

Various oilsands developers are on opposite sides over the decision, which would affect roughly 900 wells, or 2 per cent of Alberta's remaining reserves. Some developers of oilsands, such as Imperial Oil, Petro-Canada and Nexen Inc., do not oppose the plan. Some of these companies would plan to use steam to force oilsands out of the ground. Petro-Canada is concerned that if the proposal is not enforced, the company could lose the ability to extract between 600 million and 1.5 billion barrels.

The question of how the board arrived at its decision and whether it was fair was raised by Paramount Energy Trust, which has said compensation awarded for the loss of its access to gas wells could be substantial. Petrocan estimates the bitumen deposits' value greatly outweighs the value of natural gas, representing "over a trillion dollars' worth of bitumen".
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