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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

Newsmakers

Anne F. Appleby has joined Oglethorpe Power Corp. as vice president for finance. Most recently, she was senior vice president for credit products with Bank of America, leading a team of debt specialists in Georgia and Tennessee.

Stephen L. Baum, vice chairman, president and chief executive of Sempra Energy Inc., has been appointed chairman, succeeding Richard D. Farman, who has retired from the company.

Kevin Fox has been named senior vice president and general manager of the commodity services group of Aquila Energy, a wholly owned subsidiary of UtiliCorp United Inc. He most recently was vice president and portfolio manager, responsible for all aspects of electricity trading.

David Kyle, president of Oneok Inc., has been elected chairman and chief executive officer, succeeding Larry Brummett, who died last week of cancer. Kyle began his career with Oklahoma Natural Gas Co. in 1974.

Greg A. Lohnes has joined Great Lakes Gas Transmission Co. as president and chief executive. He moves to Great Lakes from TransCanada PipeLines Ltd., where he most recently was vice president for global strategy and business development in the company's international business unit.

Rebecca P. Mark has resigned as a director of Enron Corp.. She has also resigned as chairman and chief executive of Azurix Corp., a water resources company spun off from Enron.

Deaths

Larry W. Brummett, chairman and chief executive of Oneok Inc., and a long-time community leader in Tulsa, has died following a two-year battle with cancer. He was 49. Brummett became chairman, chief executive and president of Oneok in 1994. He joined Oklahoma Natural Gas in 1974.

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