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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

SEC Okays Allegheny Energy's Purchase of Mountaineer Gas

LCG, Aug. 15, 2000--Allegheny Energy Inc.s electricity and natural gas distribution subsidiary yesterday received approval from the U.S. Securities and Exchange Commission for its pending acquisition of Mountaineer Gas Co., a wholly-owned subsidiary of Energy Corp. of America.

The acquisition of Mountaineer Gas, the largest natural gas provider in West Virginia, will add about 200,000 customers to Allegheny Powers base. Last December, the company acquired West Virginia Power Co. from UtiliCorp United Inc., adding 26,000 electric and 24,000 gas customers.

Alan J. Noia, chief executive of Allegheny Energy, said "Acquiring Mountaineer Gas represents an important step in the growth of our energy delivery business. In the past seven months, with the acquisitions of West Virginia Power and Mountaineer Gas, we will have added more than 250,000 customers, a 15 percent increase, to our customer base. Allegheny's reputation of superior customer service and operational excellence will ensure the success of this regional expansion."

The SEC approval of the Mountaineer Gas acquisition was the last required, and the company expects to close the transaction by the end of this month.

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