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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

Santa Monica Loses Power when Substation Explodes

LCG, Oct. 27, 2000--Explosions that ripped an underground substation in Santa Monica early yesterday morning cut power to about 16,000 Southern California Edison Co. customers. Those closest to the underground facility at Lincoln Boulevard and Colorado Avenue were expected to be without electricity until at least this afternoon.

A series of blasts rocked downtown Santa Monica at about 4:30 a.m. and, according to one eye-witness, sent a bright bluish-green flash into the air. The explosions were followed by fire that shot from a manhole but local firefighters quickly quenched the blaze.

Two unlucky newspaper circulation workers who were restocking racks at the corner were slightly injured.

SoCal Ed officials thought at first that the explosions could have been caused by rain-soaked equipment in the underground substation but have since dismissed that theory. Utility spokesman Paul Klein said emergency crews reach the site around noon and reported that damage was "extensive."

"It looks like this outage will be prolonged," Klein said. "The vault is going to require extensiverepairs."

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