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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

Ontario Proposes New Market Structure

LCG, Apr. 16, 2004--The energy minister of Ontario, Dwight Duncan, Thurday announced that the province will look for proposals by power producers, while consumers will begin to pay rates that are a combination of production costs and market-based prices, and businesses will continue to be able to purchase power in the market on their own.

In addition, Duncan said that a new power authority will be set up, the purpose of which will be to ensure that power supplies in the province will be adequate. The Ontario Power Authority would be able to sign long-term contracts.

TransAlta is reported to be interested in bidding for a contract, based on capacity from a new unit operating in Sarnia since last year. More time will likely be needed by the government to gauge whether investors in generation feel comfortable enough with the conditions governing the market in order to make new investments. The primary concern of developers and companies such as Ontario Power Generation was that regulated rates have not reflected the cost of production.
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