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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

California Assembly Passes RPS Legislation with Target of 50% Renewables by 2030

LCG, September 23, 2015-The California State Assembly on September 11 passed legislation (SB 350) by a vote of 51-26 to raise the state's Renewable Portfolio Standard (RPS) goal for procurement of renewable resources from 33 percent in 2020 to 50 percent by the end of 2030. The legislation, the Clean Energy and Reduction Act, is expected to be signed by Governor Brown by the end of the month.

The Clean Energy and Reduction Act includes requirements for the doubling of energy efficiency savings in electricity and natural gas by retail customers by 2030.

The 50 percent renewable energy standard will be implemented by the California Public Utilities Commission (CPUC) for investor-owned utilities (IOUs) and other retail sellers that are subject to CPUC jurisdiction. The California Energy Commission (CEC) will implement the standard for publicly-owned utilities (POUs).

The legislation sets forth a process to implement and evaluate procurement plans, including an annual renewable energy procurement plan that each retailer of electricity must provide. The retailers are called upon to provide integrated resource plans (IRP) for approval.
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