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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

Lay Steps Down From CEO Post and Chairmanship of Enron

LCG, Jan. 24, 2002--Enron's chairman and CEO Ken Lay has left those positions, under pressure from a bankruptcy court-appointed creditors committee.

Lay will assist Enron's board of directors in selecting a restructuring specialist, who will be acting CEO until a formal replacement is found. In a statement, Lay said, "unfortunately, with the multiple inquiries and investigations that currently require much of my time, it is becoming increasingly difficult to concentrate fully on what is most important to Enron's stakeholders."

The 15-member creditors committee held strong doubts about Lay's effectiveness in seeing that creditors are repaid, in view of the series of sales of Enron stock Lay made in 2001 while the company's financial position was crumbling.

Hearings regarding Enron begin on Capital Hill today before a subcommittee of the House Energy and Commerce Committee ("The Destruction of Enron-Related Documents by Andersen Personnel"), and before the Senate Governmental Affairs Committee ("The Fall of Enron - How Could It Have Happened?").

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