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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

New Jersey Okays First Energy Takeover of GPU

LCG, Sept. 27, 2001--The New Jersey Board of Public Utilities yesterday approved First Energy Corp's. proposed $4.5 billion acquisition of GPU Inc., a GPU official said.

Ned Raynolds, a spokesman for GPU, said the New Jersey regulators voted 2-1 in favor of the merger, which will create an electric distribution and transmission utility stretching from Toledo, Ohio to the Jersey shore.

Yesterday's vote was taken on a settlement the two companies reached last month with New Jersey officials and electricity customers dealing with financial technical matters surrounding the merger.

The merger is expected to result in about 1,250 job cuts, mostly in GPU's Pennsylvania service territory. About 300 jobs in New Jersey may ultimately be lost.

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