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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

Maine Approves Canadian Takeover of Bangor Hydro

LCG, Dec. 19, 2000--The Maine Public Utilities Commission yesterday approved the acquisition of Bangor Hydro-Electric Co. by Canadian utility holding company Emera Inc., the owner of Nova Scotia Power Inc.

Under the deal, Emera will acquire all of the outstanding common stock of Bangor Hydro for $205 million U.S. The transaction was approved by shareholders of the Maine utility in October.

Robert S. Briggs, president of Bangor Hydro, said he was pleased Maine regulators acted so rapidly. "Maine PUC approval is necessary in order to achieve the rest of the required approvals, and now we will focus our efforts on them", he said. "The sooner we close this merger, the sooner we can begin to realize the benefits for all parties."

Bangor Hydro said approvals still pending include the U.S. Federal Energy Regulatory Commission and the U.S. Securities and Exchange Commission. The processes for all necessary regulatory approvals are expected to be complete in the first half of 2001.

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