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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

EU Proposal Would Open Electric Market For Corporations

LCG, Mar. 5, 2002--France vetoed a proposal for full liberalization of electric and natural gas markets in order to protect the residential market.

EU financial ministers were drafting a proposal for the March 15 and 16 Barcelona summit that included the complete liberalization of electric and natural gas markets, but France found the proposal unacceptable . While all other EU members want complete liberalization, the French are loath to disrupt their pre-election political climate by worrying consumers over residential service.

Corporate customers will have a choice in electricity suppliers in 2003 and gas in 2004, according to the new proposal, although the EU's executive commission and other EU countries want complete deregulation by 2005.

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