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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

TransCanada Sells $775 Million in Midstream Assets

LCG, Aug. 4, 2000--TransCanada PipeLines Ltd. said yesterday it had found buyers for most of its remaining natural gas liquids and extraction, and natural gas gathering and processing midstream assets in western Canada and will realize about $1.15 billion ($775 million U.S.) from their sale.

"The proceeds from these sales are in line with our expectations and mark another significantmilestone in TransCanada's divestiture program," said Doug Baldwin, TransCanada president and chief executive. "These sales, combined with other previously-announced sales and agreements bring TransCanada 80 per cent of the way to its $3 billion target from the divestiture of non-core assets."

The company said it would sell four properties and its interests in two others to Williams Energy Canada Inc. for an undisclosed sum. That sale is expected to close this autumn, after regulatory and government approvals are received.

Last month, TransCanada closed the sale of its roughly 30 per cent interest in the East Crossfieldgas plant and associated petroleum and natural gas rights to Mobil Oil Canada Limited sold its interests in three natural gas processing plants to AltaGas Services Inc.

Since last December, TransCanada has sold or has agreements to sell approximately $2.4 billion ($1.6 billion U.S.) of assets. "This will contribute significantly to our primary objective of strengthening TransCanada's financial position," Baldwin said. "As we continue to finalize the sale of non-core assets, our debt load will be reduced, our financing costs will decrease and we expect efficiencies in corporate costs, which will contribute to improved earnings and cash flow."

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