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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

Ex-Enron Employee Pleads Guilty to Fraud

LCG, August 21, 2002-Former Enron corporate executive Michael Kopper pled guilty to conspiracy to commit wire fraud and money laundering today.

Kopper's guilty plea was entered in Federal District Court in Houston, Texas, before Judge Ewing Werlein Jr. He has agreed to cooperate with federal investigators and also to pay back $12 million in illicitly acquired assets.

Kopper was involved with off-the-books partnerships, often helping Enron chief financial officer Andrew S. Fastow, with whom he had a close and financially complicated relationship. Fastow's dealing are a central focus of multiple investigations.

Chewco, an Enron partnership formed in 1997, was one of the Enron projects where financial statements deviated from the actual accounts. Three percent of the partnership's capital was to be from independent investors, and Kopper, along with others, worked to cover up the fact that the three percent had not been met. Enron bought out the partnership in 2001. Kopper and his domestic partner William Dodson reaped over $12 million from the sale, after an initial investment of $125,000.

Although Kopper is not the spotlight of the ongoing federal investigation of Enron, he is valued by investigators as a possible witness and has been released on a $5 million bond.

The Securities and Exchange Commission may file a civil fraud complaint against Kopper as well.

Kopper resigned from Enron in June of 2001. Enron filed for bankruptcy protection in December 2001.

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