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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

Enron's Ken Lay to Testify Before Senate Panel

LCG, Dec. 18, 2001--Enron Corp. chief executive Kenneth Lay, who turned down invitations to talk to lawmakers last week and today, has agreed to testify before the Senate Commerce Committee on February 4, Sen. Byron Dorgan said this morning.

Dorgan, a North Dakota Democrat, said Lay "has committed to appear before our committee and present testimony at a second hearing which will be held on February 4."

Former Enron chief executive Jeff Skilling, who resigned abruptly in August after just six months on the job, and former Chief Financial Officer Andrew Fastow, who was sacked in October, have also been invited to testify in February, Dorgan said.

Skilling, who Enron hired from consultants McKinsey & Co., is seen as the architect of Enron's high-volume, low-asset trading strategy, while Fastow was responsible for the "off-balance-sheet entities" lawmakers want to learn more about.

"We also intend to request at that hearing the attendance of Mr. Skilling and Mr. Fastow, former top executives at Enron, and others who can help explain what happened," said Dorgan.

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