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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

Calpine Buys Canadian Gas Producer

LCG, Feb. 8, 2001Calpine Corp. this morning announced plans to acquire Encal Energy Ltd., a Canadian natural gas and petroleum exploration and development firm based in Calgary, Alta., for about $1.2 billion including assumption of debt.

The acquisition will provide Calpine with about a trillion cubic feet equivalent of proved and probable natural gas reserves and access to firm gas transportation capacity from western Canada to California and the eastern U.S.

The San Jose, Calif.-based power provider said it was also getting "an accomplished management team capable of leading Calpine's business expansion in Canada."

Encal currently produces approximately 230 million cubic feet of gas equivalent per day, net of royalties, bringing Calpine's North America production to 390 million cubic feet equivalent. That's enough gas to fuel about 2,300 megawatts worth of power plants, the company said.

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