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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

Williams to Spin Off Communications Business

LCG, April 2, 2001The Williams Cos. board of directors on Friday made plans to spin off the company's Williams Communications affiliate, saying the move was a logical step toward boosting value for shareholders.

The Williams board said it would distribute as a stock dividend to the company's shareholders about 400 million shares of the Williams Communications stock it currently owns. The distribution will represent about 95 percent of the parent company's stake.

"Given our revenue growth, our solid financing plan, our fully operational network and our stablecustomer base, this spinoff, is the natural evolution of a business strategy begun in 1998, when were-entered the telecommunications space," Howard Janzen, president and chief executive ofWilliams Communications said in a statement.

Williams Communications has been on a roll, doubling its revenues over the past year and completing a 33,000 mile fiber optic network connecting 125 cities a year ahead of schedule. Among the users of the network are long distance telephone companies, Internet providers, all of the major news and broadcast services and more than 600 television stations.

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