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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

CA Auto Fuel Price Investigation Yields No Manipulation

LCG, April 3, 2003California Governor Gray Davis ordered an investigation of the high cost of gas as prices spiked recently, to no result.

The California Energy Commission conducted a study of gas prices as the cost of gas went above $2 dollars a gallon.

According to Chairman William Keese, the price of crude oil and scattered refinery shutdowns were responsible for the high cost of gasoline.

According to the Commission, as the price of crude drops and as refineries go back to producing at full capacity, the price of gasoline is dropping a little, around a penny per gallon last week.

The commission did not find anything abnormal, although the study was conducted for only 15 days.

Meanwhile, the governors office noted that the first justification from the energy market players regarding the energy crisis of 2000/2001 was market forces. Governor Davis is not ready to lay the gasoline price investigation to rest yet.

Gasoline prices increased an average of $0.57/gallon in California between January 1 and March 15.

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