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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

Energy Market May Lead to Mothballing of 16 AEP Texas Plants

LCG, September 12, 2002-American Electric Power, or AEP, may mothball as many as 16 of its Texas power plants in order to ease its financial situation.

The plants, all of which are gas-fired, are located within the Electric Reliability Council of Texas (ERCOT). ERCOT will determine which plants are RMR, or "reliability must run," and the remaining, less-than-vital plants will be pulled off line by the end of this year.

AEP officials say the mothballing is in response to deregulation-related growth in the Texas power industry, which has pushed wholesale electricity prices below AEP production costs. Plant employees affected by mothballing will reportedly assume inactive status and receive severance pay.

The sixteen plants in question, representing some 2,663 megawatts of capacity, are Abilene, B.M. Davis, E.S. Joslin, Fort Phantom, Fort Stockton, J.L. Bates, La Palma, Lake Pauline, Laredo, Lon C. Hill, Nueces Bay, Oak Creek, Paint Creek, Rio Pecos, San Angelo, and Victoria.

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