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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

Massive Chinese Gas Field Located

LCG, May 23, 2002--Chinese scientists have identified a natural gas field in the Inner Mongolia Autonomous Region with proven reserves more substantial than those found in any other such field in China.

The North China-based field can be forecast to produce 6.5 billion cubic meters annually, according to the Science and Technology minister Shi Dinghuan. The overall size of the field is around 602.5 billion cubic meters.

Minister Shi said, "the field wiill greatly back up the country's project of west-to-east gas transportation and help ease the energy shortage in eastern areas." Currently, 10 percent of Beijing's energy needs are accounted for by natural gas. A researcher with the Chinese Institute of Oil Exploration, Qian Kai, estimates that boosting gas use to the point at which it supplies 30 percent of Beijing's needs would bring about a significant change in air quality.

The Changqing Oil and Gas Field Company, which took part in the exploration phase, will transport gas to Shanghai and the Yangtze River Delta areas.
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