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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 Legislation Could Reverse 70's-Era Law

LCG, Sept. 23, 2003--Owners of cogeneration plants that produce electricity as well as steam for manufacturing and industrial processes are lobbying for the preservation of the Public Utilities Regulatory Policies Act (Purpa), crafted in the '70s, that requires utilities to purchase cogenerated power.

Sen. Pete Domenici and Rep. Billy Tauzin are siding with a large group of utilities that want to see the end of Purpa, under which rates for cogenerated power are regulated. Oil refiners and chemical companies with cogeneration plants have acknowledged that in some instances, utilities may have paid more than necessary for power under Purpa, but they contend that the plants are efficient as intended, and that getting rid of the requirement will not necessarily lead to lower power prices for utilities and consumers.

The amendment developed by Domenici would not result in an across-the-board shift away from Purpa, but allow the Federal Energy Regulatory Commission to determine in which markets a competitive wholesale market could benefit energy purchasers. ExxonMobil, which supports Purpa, believes that both existing and future cogeneration plants could be stifled if the amendment is passed. Purpa was signed into law when foreign oil imports and energy supplies became a national concern.
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