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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

Williams May Separate Energy, Communications

LCG, July 25, 2000--The board of directors of The Williams Cos. has given the companys management preliminary approval to plan for spinning off the firms energy and communications businesses.

The company said that no specific course of action has been determined, but if it happened the process would take no more than 18 months. Any change from the current ownership structure would be contingent upon a number of factors, including ensuring favorable tax treatment for Williams' shareholders.

Keith E. Bailey, Williams chief executive, said "We believe these steps are the best way to ensure that both our energy and communications businesses have the efficient and effective access to the capital necessary to pursue the substantial growth opportunities that each enjoys."

A portion of Williams Communications Group Inc. was sold in public and private equity offerings last October. The company retains ownership of about 85 percent of the unit.

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