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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

Proposed Amendment Could Lead To EPCOR's Sale

LCG, May 29, 2002--EPCOR, the utility owned by the City of Edmonton, could be sold based upon a deadline set by Alberta's minister of municipal affairs, if a proposed amendment to regulations is approved.

The current minister, Guy Boutilier, who suggested the rule, said he felt "the cities have grown up and they're making responsible decisions and they're accountable to their taxpayers." He said the mandate of municipally owned corporations to serve "a municipal purpose" would be reviewed. EPCOR, which will pay $100.5 million (65.5 million US dollars) in dividends to the city this year, serves 1.3 million customers in neighboring Ontario and owns Union Energy, which is based in that province.

Edmonton Mayor Bill Smith said the province is trying to escape blame for a lack of new power generation within the province by forcing the sale of EPCOR by the city. "But if they see somebody come in and buy ENMAX and EPCOR, then they can say that's new investment," Smith said. (ENMAX provides electricity in Calgary.) The rule would allow a minister to "set a time period in which a municipality or group of municipalities must divest, amalgamate, merge, reorganize or windup a controlled corporation."

Boutilier, who did not declare the reason for the proposed amendment, said, "The bottom line is the province will not and shall not have the control of sales of EPCOR and Enmax," saying that the mayor and council would be entirely responsible for deciding on a buyer. Mayor Smith, who called it the most "serious" issue he has dealt with in seven years, worries that property taxes will need to rise more than expected if dividends from EPCOR are lost as a source of revenue.
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