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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

Regulators Okay South Jersey Gas 19 Percent Rate Hike

LCG, Nov. 10, 2000--South Jersey Gas Co. said yesterday the New Jersey Board of Public Utilities had authorized an annual rate increase for natural gas of about 19 percent for the typical residential customer.

The company said a typical residential heating customer should expect to see a $152.29 totalannual increase, which is enough money to do something with.

The company pointed out that the increase only applies to the portion of the bill that represents the gas commodity and serves as a method to pass gas costs through to customers. South Jersey Gas said it makes no profit on the sales of the natural gas commodity itself.

" Over the last several months energy prices nationwide rose dramatically for most major fuel sources including oil and natural gas. This rate increase was necessary to recover the record wholesale natural gas costs we've already incurred and paid for on behalf of our customers. As soon as it is possible to reduce this rate we will file to do so," said Charles Biscieglia, chief executive of the gas company.

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