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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

Avista Asks Washington, Idaho Electric Surcharge

LCG, July 19, 2001Avista Corp. said yesterday that it will ask regulators in Idaho and Washington to approve an energy surcharge to offset the costs of a severe shortage of hydroelectric generation and volatile wholesale market prices for electricity.

The proposed surcharge would be applied as a uniform percentage increase to the rates for all customer classes in each state. The company's Washington customers would pay a surcharge of 36.9 percent on top of their existing rates, and Idaho customers would get bitten for 14.7 percent.

The surcharge in each state would begin on September 15 and continue until the end of 2003, but if conditions allow, the surcharge could be removed sooner, the company said.

Gary Ely, Avista Corp. chief executive, said the need for a surcharge has arisen through a combination of volatile electricity prices, changing market conditions and a continued deterioration in availability of hydroelectric generation, which has weakened the financial condition of the company.

"Improving the company's cash flow is critical to being able to complete financing plans and to meetvarious debt covenants," Ely said. "Without the surcharges in each state, the company will not be in aposition to access capital at reasonable costs."

Ely said the company has been unable to arrange continuing financing for completion of a badly needed power project currently under construction. "Lenders have growing concerns about the projected deferral balances and the absence of some form of mechanism to currently recover the deferred costs on a current basis," he said.

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