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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

Duke Offers San Diego Low-Priced Long-Term Power

LCG, Nov. 28, 2000--Duke Energy Corp. said yesterday it had proposed to manage San Diego Gas & Electric's Co.'s 3,300-megawatt electricity load at a fixed price of 6 cents per kilowatt-hour for the next five years, a half-cent under the price everyone in San Diego seems to want.

Duke said its proposal, made through its Duke Energy North America (Dena) business unit, takes into account SDG&E's seasonal and hourly load requirements and has a 3-percent annual adjustment for inflation. It was included in comments Dena submitted to the Federal Energy Regulatory Commission last week in response to the commission's proposed remedies for California's electricity market.

"The 3,300 megawatts represent the full electricity load SDG&E needs to serve its retail customer base during the hottest summer day," said Jeff Stokes, Dena executive vice president for the western region.

Bill Hall, Dena vice president of asset management for the Western region. "The competitive wholesale electricity markets did not cause this electricity crisis; but with patience, wisdom and bold behavior by all market participants, we can fix the crisis and not burden the state's electricity ratepayers or taxpayers."

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