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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

El Paso Corp. Files Partial Settlement

LCG, June 5, 2003-Subsidiaries of natural gas pipeline company El Paso Corporation filed a structural settlement with the Federal Energy Regulatory Commission.

Several bodies from Western states have claimed that El Paso manipulated natural gas flow, resulting in high gas prices and contributing to the energy crisis of 2000/2001.

In March El Paso agreed to pay $1.7 billion worth of settlements regarding these claims, and the company said yesterday that settlements are in their final stages.

The settlements, filed by natural gas and merchant energy units El Paso Natural Gas Company, El Paso Merchant Energy Company, and El Paso Merchant Energy - Gas, L.P.,, were submitted to the FERC along with the California Public Utilities Commission, PG&E Utility, the city of Los Angeles, and Southern California Edison.

El Paso Corporation is the nation's largest pipeline company, with 58,000 miles of pipeline, in addition to drilling and energy assets.

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