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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

FERC: Cal-ISO Must Pay for Power it Bought

LCG, Nov. 8, 2001--The Federal Energy Regulatory Commission yesterday said the California Independent System Operator must come up with a plan within three months to pay an estimated $1.2 billion in past-due electric bills.

FERC also told the Cal-ISO to send an invoice to the California Department of Water Resources within 15 days for all transactions it made on behalf of Edison International Inc.'s Southern California Edison Co. and PG&E Corp.'s Pacific Gas & Electric Co.

The water agency will also have three months to file with FERC a schedule for paying Cal-ISO.

Editor's Note: We do not have a clue as to the details of interagency dealings between or among California state agencies. We do know that we would be hesitant about doing business with any of them.

The Department of Water Resources also seems to be a bit fuzzy about the details of some of its transactions and says it wants market information on bids and prices. Cal-ISO for some reason says it cannot turn that information over to market participants, which the water agency is.

The power producers also don't want the details made public, saying that would violate confidentiality clauses and expose trading strategies.

A spokesman for the Department of Water Resources said the agency can't pay Cal-ISO without "a proper accounting from the ISO. We don't know how much money is owed to each power generator because the ISO is not willing to give us a bill."

But then he defended the ISO. "We're not putting blame on the ISO. They have obstacles because FERC tariffs prevent them from sharing market sensitive information. We're trying to work this out and hopefully the FERC action will resolve the matter," he said.

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