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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

Enron Wearies of Delays in India

LCG, Sept. 25, 2001--Enron Corp. sees no early solution to its bitter dispute with the Maharashtra State Electricity Board despite an assurance from Indian Prime Minister Atal Bihari Vajpayee that the federal government of India will step in to resolve the problem, the Economic Times, an Indian business paper, reported this morning.

The company wrote to Vajpayee more than a month ago with an offer to sell its 65-per cent stake in Dabhol Power Co. for $1 billion but the federal government has not responded, Enron India spokesman Jimmy Moghal said yesterday.

"It's been more than a month since we have communicated to government authorities and have yet to receive any response," he said, adding that Enron Chairman Kenneth Lay had written another letter to New Delhi expressing "disappointment" at the lack of progress.

The company wrote to Vajpayee saying a long legal dispute would "raise serious questions about India's image as a safe and reliable destination for foreign investment", Moghal said, noting that earlier this month Vajpayee said the federal government would facilitate a quick solution to Enron's dispute with the MSEB, which was the sole buyer of Dabhol's power.

The Economic Times quoted an Enron statement as saying "Contrary to recent impressions created ... regarding a quick resolution of the Dabhol project, little progress has so far been made with, in fact, no proximity to reaching a fair and reasonable solution."

Another paper, The Times of India, said Lay wrote in his letter to Vajpayee that foreign investors would doubt the sanctity of contracts signed in India. "Any other foreign investor or lender is going to ask himself why his contract is any more likely to be honored than ours has been," it quoted Lay as saying.

Moghal declined comment on the newspaper report.

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