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PJM Reports Resources Are Adequate to Meet Growing Summer Demand

LCG, May 7, 2026--PJM issued today its Summer Outlook 2026, which forecasts sufficient generation for typical peak demand this summer. PJM states that it is prepared to call on contracted demand response resources to reduce electricity use during times of high system stress.

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NRC Approves Oklo's Principal Design Criteria Topical Report for Aurora Powerhouse

LCG, May 6, 2026--Oklo Inc. ("Oklo"), an advanced nuclear technology company, announced today that the U.S. Nuclear Regulatory Commission (NRC) has approved the Principal Design Criteria (PDC) topical report for the Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR), which is currently under construction in Idaho. The PDC topical report establishes a regulatory framework that defines the fundamental safety, reliability, and performance requirements to guide future reactor licensing and design activities, and the approved report should simplify future applications and reduce the need to re-review established material.

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Industry News

FERC Approves Sierra Pacific-Portland General Combo

LCG, Nov. 22, 2000--The Federal Energy Regulatory Commission yesterday approved unanimously the application by Sierra pacific Resources Corp. to acquire Portland General Electric Co. from Enron Corp.

"FERC approval is a major milestone in Sierra Pacific's actions to acquire PGE," said Walter M. Higgins, chief executive. "This is a significant event for us, as well as for all of our customers, who will benefit from the efficiencies and combined success of merging our two companies."

Sierra Pacific said it has already obtained approval from the Oregon Public Utilities Commission and the U.S. Department of Justice. The only remaining approval must come from the U. S. Securities andExchange Commission, under the Public Utilities Holding Company Act. The transaction is expectedto close during the first quarter of next year.

In November 1999, Sierra Pacific announced its intent to acquire PGE, a utility serving about 720,000 electric customers in northwest Oregon.

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