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Oklo Announces DOE Approval for Nuclear Safety Design Agreement of Aurora Powerhouse at Idaho National Lab

LCG, March 17, 2026--Oklo Inc. (Oklo) today announced that it has signed a U.S. Department of Energy (DOE) Other Transaction Agreement (OTA) to support the design, construction, and operation of Oklo’s first reactor, the Aurora powerhouse at Idaho National Laboratory (INL) under DOE’s Reactor Pilot Program (RPP). The DOE Idaho Operations Office subsequently approved the Nuclear Safety Design Agreement (NSDA) for the fast-fission power plant, and Oklo immediately requested DOE commence review of its Preliminary Documented Safety Analysis (PDSA).

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SPP's Western Expansion Set for Implementation on April 1

LCG, March 13, 2026--The Southwest Power Pool (SPP) announced yesterday that leaders from the participating organizations voted unanimously to proceed as planned with expanding its regional transmission organization (RTO) services into the Western Interconnection. SPP sees the decision to proceed as planned as a strong signal of confidence as SPP and its partner utilities prepare for this key milestone, which will occur overnight between March 31 and April 1.

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Industry News

State High Court Clears PSE&G Securitization Bonds

LCG, Dec. 7, 2000--The New Jersey Supreme Court said yesterday it has affirmed an appellate court decision upholding the New Jersey Board of Public Utilities restructuring and securitization orders for Public Service Electric & Gas Co.

The action allows PSE&G to move ahead with its sale of $2.5 billion in stranded cost bonds.

James Ferland, chairman and chief executive of parent holding company PSEG Service Enterprise Group, said "Putting the uncertainty of the judicial appeals behind us will allow us to take the necessary steps to increase our competitiveness in the US energy markets."

The company said the ruling by the high court will also enable it to put into effect an additional 2 percent rate reduction for all PSE&G electric customers, based on the savings achieved through the securitization process. This is in addition to the 5% reduction that became effective August 1, 1999.

The court action also allows the parent company to sell debt securities to finance its unregulated power generation and trading company, PSEG Power LLC.

Al Koeppe, president and chief operating officer of PSE&G, said "As a result of this decision and the restructuring that will take place at PSEG, PSE&G will now focus on what we have done well for more than 100 years, delivering gas and electricity reliably and safely to our New Jersey customers."

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