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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

Fitchburg G&E Files Electric Rate Reduction

LCG, Oct. 23, 2001--Unitil Corp. said yesterday that its subsidiary Fitchburg Gas & Electric Light Co. filed compliance tariffs last Friday with the Massachusetts Department of Telecommunications and Energy for an immediate reduction in its electric distribution rates.

If approved, monthly bills for all FG&E electric customers will be reduced for electrical usage on and after October 19. When fully reflected in rates, customers will see reductions of between 0.8 percent and 5.2 percent depending on rate class and usage.

The company said a residential customer using 500 kilowatt-hours of electricity per month will see a reduction of $1.90 on his electric bill.

"These orders resolve various long-standing cases pending before the Department which we are glad to get behind us," said Unitil chief executive Bob Schoenberger.

He added "Going forward, we will evaluate the adequacy of our distribution rates and address any concerns in future rate proceedings. We are committed to continuing our plans for improved service and reliability and additional investment and economic development for FG&E, and we are committed to providing competitive rate levels to our customers."

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