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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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OG&E and Google Announce Contract for Three Data Centers in Oklahoma

LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.

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Industry News

CA Negotiates $3.5 Billion in Damage Control on Power Contracts

LCG, April 23, 2002-Energy companies have agreed to rewrite contracts, saving California $3.5 billion in long-term power contracts.

Pressured by the energy crisis and shackled to last year's skyrocketing rates, California bought $43 billion in long-term electricity contracts. A third of these agreements were renegotiated, trimming off $3.5 billion after five months of talks between state officials and power companies.

According to state officials, energy companies Calpine and Constellation Energy also will pay $8.5 million in settlements regarding allegations that they charged illegally inflated prices during the power crisis.

The state managed to renegotiate four large Calpine contracts, one contract with Constellation and contracts with Capitol Power, Cabazon and Whitewater Hill, deflating their total of $15 billion to $11.4 billion.

According to Governor Gray Davis's chief counsel Barry Goode, the new contracts utilize stronger language, guaranteeing that new generators will be built. The state will have greater authority to deny grants and even terminate one of the contracts if power companies fail to create sufficient new generation. Calpine will face fines if it does not build new plants, including the proposed Metcalf facility, which is intended to supply Silicon Valley.

As a result of the new contracts, California will no longer demand refunds from Calpine through the Federal Energy Regulatory Commission (FERC). State agencies will not question the contracts' "reasonableness" either. However, Governor Davis plans to continue urging FERC to investigate the possibility that power companies manipulated California's electricity market.

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