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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

Ballot Initiative Scheduled on Takeover of Nevada Power

LCG, July 3, 2002--Commissioners for Nevada's Clark County voted yesterday to include a nonbinding ballot initiative in November elections that could lead to Nevada Power being subject to a municipal takeover.

The question to appear reads, "Should the Nevada Legislature take appropriate action to enable the electrical energy provider for Southern Nevada to be a locally controlled, not-fo-profit public utility?" A takeover would not be possible without a change in the law being enacted by the Nevada Legislature.

A Nevada Power spokeswoman, Andrea Smith, said the company would probably fight the ballot initiative, while the Las Vegas Chamber of Commerce said it opposed the ballot iniative on philosphical grounds.

Commissioners expressed disagreement over the timing of a ballot initiative. Bruce Woodbury, who cast the single dissenting vote, noted that prior to the vote, a ballot initiative had always been preceded by a study of the issue at hand. One reason for the lack of support for a study among Commissioners voting in support of the initiative may have been the possibility that the Legislature could renew a law that requires Nevada Power give approval to a municipal takeover.

Commissioner Myrna Williams said a study would take two to four years, and indicated that she thought rates could decline if a takeover took place. Commissioner Woodbury said that several issues were open to question, including effects on property tax revenues, the means by which a takeover would occur, and whether rates would in fact go down.
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