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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

Montana Power Sale of Utility Business Approved

LCG, Feb. 26, 2001The Federal Energy Regulatory Commission has approved the sale by Montana Power Co. of its electric utility operations to North Western Corp. of Sioux Falls, S.D., the two companies said in a joint statement Friday.

The deal will cost North Western about $1.1 billion, including assumption of around $488 million in Montana Power debt. Approval of the deal is still required from the Montana Public Service Commission and the U.S. Securities and Exchange Commission.

In March last year, Montana Power said it would sell all of its power plants, wires and other electric utility assets and become a telecommunications company. By summer, the company will have also sold other energy related businesses in coal, oil and natural gas, as well as its independent power production operations.

"This will take us completely out of the energy businesses and will leave us as a stand-alonetelecommunications company. Our name will be Touch America," spokesman Cort Freeman said.

It would seem that the name could have been sold along with the other assets.

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