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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

EU Sets Energy Market Retail Deregulation Date

LCG, November 26, 2002-EU Ministers announced that residents will be able to choose electricity suppliers beginning July 2007.

The business energy market will be opened to competition in 2004, and EU leaders have finally agreed to open the market for homeowners in 2007.

France has been the major opponent of liberalization, initially putting off serious comment earlier this year because of elections. France is unwilling to compromise the position of its state energy company Electricite de France and opposed the original, 2005 deregulation date.

The European Union finally came to agreement on Monday after commissioners warned that delays in deregulation could cost as much as 15 billion euros.

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