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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

Ontario Government Outlines Power Price Increases

LCG, Dec. 2, 2003--The Ontario government announced today by how much rates for power would increase for different customer classes and levels of consumption, marking the definitive end of an earlier promise to keep a price cap in place through 2006.

The plan will take effect in April of next year, and stipulates that consumption by residential and small users of up to 750 kilowatt-hours will cost 4.7 Canadian cents (3.6 cents U.S.) per kWh. Beyond that level of consumption, the price would be 5.5 Canadian cents (4.24 cents U.S.) per kWh. The cap, which was set below the market price of electricity, is currently 4.3 Canadian cents per kWh.

Commercial power consumption between 50,000 kilowatt-hours and 250,000 kilowatt hours would experience rate increases of between 15 and 18 percent. Dwight Duncan, Energy Minister for the recently installed Liberal government, said, "Our government understands that the proposed prices would have an impact on people, but clearly the current fixed price is not sustainable, nor is it responsible, and it does nothing to encourage consumers in this province to conserve energy."

The plan would serve as an interim step until the Ontario Energy Board, which regulates the power sector, develops its own plan by May 1, 2005. The power industry group Ontario Energy Association commended the message from the government. "This is a very important and positive signal to the industry and will help boost investor confidence," said chairman Art Leitch in a statement.
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