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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

Constellation Sells Guatemala Power Assets to Duke

LCG, Nov. 9, 2001--Baltimore-based Constellation Energy Group said yesterday that it has sold its Guatemalan power plant operations to a unit of Duke Energy Corp. for an undisclosed sum.

Constellation did say that the sale will result in a fourth quarter after-tax write-down of about $28 million.

Through the sale, Duke has acquired Grupo Generador de Guatemala y Cia., S.C.A., which owns two generating plants at Esquintla and Lake Amatitlan having a combined capacity of 167 megawatts.

"Guatemala is a key component of our regional strategy," said Bruce Williamson, chief executive of Duke Energy Global Markets. "With the proximity of these facilities to our operations in El Salvador, this a logical next step in our expansion in the region."

Constellation said it would put the money to work in its North American merchant energy business.

Tom Brady, a vice president, said "At this point in time, owning energy projects in Latin America does not fit with either of our strategies to be a major player in the merchant energy business in North America or a leader in the energy delivery business in Maryland."

Constellation initially acquired the Grupo Generador operations in 1998 when Guatemala began to privatize its government assets. With this sale, the company's remaining Latin American investments will consist of a controlling interest in a Panamanian electric distribution company and two minor investments in a Bolivian generation company and a Latin American energy fund.

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