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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

Midwest ISO Files Document on Market Implementation

LCG, Apr. 1, 2004--The Midwest ISO yesterday filed a document with the Federal Energy Regulatory Commission, revising an earlier tariff proposal it submitted last July.

The filing reflects the result of lengthy negotiations among ISO members and stakeholders, and includes rules for Day-Ahead and Real-Time market functions, as well as Locational Marginal Pricing (LMP) and Financial Transmission Rights (FTR's). According to the filing, the Midwest ISO would assume the responsibility for centralized dispatch, and for the energy markets and load requirements. Established control area functions would continue to be overseen by Local Control Area Operators, who would use price signals from the ISO itself.

Jim Torgerson, president and CEO of the Midwest ISO, said, "This filing, upon acceptance by the Commission, will implement a market that will improve congestion management on the grid and produce consumer savings through the system-wide dispatch of generation throughout the region."
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