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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

Lightning Knocks Out Canadian Hydro Plant

LCG, June 6, 2001The Akolkolex Hydroelectric Plant near Revelstoke, British Columbia was struck by lightning late Monday, causing a fire in the control room. The plant shut down according to plan under its emergency systems, operators said.

It was the first major property damage at the plant in more than six years of operations, according to Canadian Hydro Developers Inc. The company said it appears initially that the damage was limited to the control panels, with the generator and turbine remaining unharmed. Canadian Hydro will order new control equipment and have it installed "without delay."

Ross Keating, president of Canadian Hydro, said "It is very disappointing that this damagehas occurred during the spring runoff period. We will be doing our best to be back on line as soonas possible."

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