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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

Slovakia Privatizes Energy (a Bit)

LCG, May 22, 2002-The government of Slovakia decided to allow the sale of 49 percent of each of three electricity distributors.

Final approval for the sale came after three weeks of delay, which saw discussions between parties within the group responsible for approval.

49 percent of Zapadoslovenska Energetika AS will be sold to Germany's E.On for €330 million ($304 million). RWE Plus will buy the same percent of Vychodoslovenska Energetika AS for €130 million ($120 million), and Electricite de France will buy 49 percent of Stredoslovenska Energetika for €158 million ($145 million).

Having chosen from 10 bids, the Slovak government is selling its assets with the help of HSBC Holdings, CAIB Securities, and BNP Paribas, and expects payment within three months.

The sale of Slovak electricity generator Slovenske Elekrarne AS will wait until after fall elections.

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