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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

FPL, Entergy Can't Iron Out Differences, Merger Dead

LCG, April 2, 2001Entergy Corp. and FPL Group Inc. said this morning that they are giving up on their planned $6.3 billion merger after failing to resolve differences that had arisen during transition talks between the two companies.

Both sides agreed not to seek termination fees unless either enters into a similar deal with another company in the next nine months.

Though characterized as a "merger of equals" when it was announced, that it was a takeover of Entergy by FPL was apparent from the way the new management would be structures. Entergy said its financial advisors concluded that there was insufficient premium for Entergy shareholders for that kind of deal.

Entergy also said FPL balked at creation of the decentralized corporate structure proposed in the merger agreement.

"FPL's approach is focused on owning and managing assets to create value through operations andefficiency improvement," Entergy said in a news release. "Entergy's approach emphasizes developingskills, relationships, and proprietary systems to create value around assets through superior marketknowledge and effective risk management."

FPL complained in its own statement that "a principal reason for FPL Group's decision centered on discrepancies in Entergy's financial forecasts." Entergy Chairman Robert Luft noted that Entergy has exceeded Wall Street profit estimates for 11 straight quarters.

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