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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

British Power Prices May Lead to New Plants

LCG, Nov. 7, 2003--New gas-fired power plants may be built in Britain if power prices rise further, according to the chief executive of Scottish & Southern Energy, Ian Marchant, who spoke with the Financial Times this week.

Marchant said that the company is analyzing the possible financial results from building the plants, but that the power prices do not quite justify building yet. The two changes that might spur new projects are a rise in power prices of £2 to £3 or lower gas prices. The chief executive also said that Scottish & Southern might bid for regional gas transmission networks owned by National Grid Transco, if bids were to be solicited.
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