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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

Upcoming G-8 Summit to Address Energy

LCG, May 2, 2002--The G-8 meeting of major industrialized nations will focus on energy for the first time since 1998.

The summit's discussions, to be held in Detroit, Michigan today and tomorrow, are part of President Bush's national energy plan, which he presented last year. Leaders are to discuss energy and environment-related technologies, as well as energy security and regulation.

The G-8 consists of leaders from the U.S., Japan, Canada, Russia, Germany, Italy, France, and Great Britain; the Detroit summit will bring together energy ministers from these eight countries.

U.S. Secretary of Energy Spencer Abraham has said that the leaders will talk about developing energy trading and establishing energy partnerships.

According to the Associated Press, Abraham said, "One of the things the president emphasizedis the need for us to expand our energy partnerships."
He also asserted that the U.S. will lead the way in creating new energy technology and also noted the effect of Middle East politics on oil supply.

Market reform, diesel technology, and fuel cells are among a few of the specific issues scheduled for discussion sessions.

While massive protests occurred during the Genoa G-8 meeting last July, resulting in Italian police shooting and killing a man, no demonstrations have been held as yet in Detroit. Extra police have been appointed and trained to manage potential security threats.

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