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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

China Plans to Split State Power Corporation

LCG, March 8, 2002-Yesterday Chinese ministers announced plans to redistribute many State Power Corporation electricity-generating and transmission assets to new competitive power-generation organizations.

Officials expect assets to form five regional companies, not including the southern provinces. The State Power Corporation will maintain controlling shares, although State Planning Commissioner Zeng Peiyan said that power producers should compete with one another and will be supervised by an as yet unformed committee. Foreign companies would be able to retain current contracts or form new ones.

Zeng also commented on China's economic growth rate, which has stayed at 7 percent for two months, exceeding expectations.

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