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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

New Lawsuits Driven by California's Energy Crisis

LCG, July 12, 2004--San Francisco County and Santa Clara County filed separate lawsuits against natural gas providers and marketers alleged to have conspired to increase the price of gas during California's energy crisis, costing consumers billions of dollars. Named in the suit are San Diego-based Sempra Energy and three subsidiaries (Sempra Energy Trading, San Diego Gas & Electric and Southern California Gas), plus Aquila, Coral Energy Resources, Dynegy, EnCana, Reliant Energy, and CMS Energy.

The suits were filed July 8, 2004 in San Diego Superior Court, and the counties are seeking damages for paying inflated prices for natural gas. Nancy Fineman, an attorney for San Francisco and Santa Clara counties, stated, "These companies were working together during the energy crisis to make enormous profits for themselves at the expense of California consumers."

Sempra spokesman Doug Kline was quick to label the suits "meritless."

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