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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

Mirant, Vattenfall Cancel German Utility Talks

LCG, Sept. 26, 2001--Joint venture talks between U.S. power producer Mirant Corp. and Sweden's Vattenfall to form a dominant utility in Germany have broken off and there is little likelihood of resumption, Mirant said this morning in a FAXed news release.

Mirant's statement said top officials of both firms, meeting in Berlin, had decided to end the talks, which would have created a new electric utility in northeastern Germany by merging four existing companies. The four are Berlin's own utility Bewag, power producer Veag, coal company Laubag and Vattenfall subsidiary HEW.

A chill had settled over the talks this morning when Vattenfall announced that it had already made up its mind on the person who would be chief executive of the utility.

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