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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

Santa Monica Loses Power when Substation Explodes

LCG, Oct. 27, 2000--Explosions that ripped an underground substation in Santa Monica early yesterday morning cut power to about 16,000 Southern California Edison Co. customers. Those closest to the underground facility at Lincoln Boulevard and Colorado Avenue were expected to be without electricity until at least this afternoon.

A series of blasts rocked downtown Santa Monica at about 4:30 a.m. and, according to one eye-witness, sent a bright bluish-green flash into the air. The explosions were followed by fire that shot from a manhole but local firefighters quickly quenched the blaze.

Two unlucky newspaper circulation workers who were restocking racks at the corner were slightly injured.

SoCal Ed officials thought at first that the explosions could have been caused by rain-soaked equipment in the underground substation but have since dismissed that theory. Utility spokesman Paul Klein said emergency crews reach the site around noon and reported that damage was "extensive."

"It looks like this outage will be prolonged," Klein said. "The vault is going to require extensiverepairs."

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