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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

Sierra Pacific to Skip Quarterly Dividend

LCG, April 16, 2001Sierra pacific Resources Inc. said on Friday that it would skip the quarterly dividend ordinarily paid to stockholders on May 1 and would try to explain the action to shareowners at the company's May 21 annual meeting.

"The dividend is vitally important in retaining investor confidence in Nevada at a time when newenergy infrastructure is so critical to protecting consumers from this crisis," said Walt Higgins,president and chief executive. "However, it is equally important that our dividend reflect our current financial condition and the continued uncertainty about the energy crisis."

The state of Nevada finds itself washed by the floodwaters of California's energy crisis and has problems of its own because of that. Sierra Pacific said continued uncertainty over how Nevada willresolve its energy crisis prompted the board's action.

"We recognize that this decision is painful to shareholders who have already suffered anunprecedented drop in the value of their investment," said Higgins. "However, it is really the onlydecision that can be made until we can get a more definitive view of how and when this crisis can beresolved."

The Sierra Pacific board also told the company to continue to keep a lid on expenditures other than those associated with safety and customer service.

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