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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

Timing of Mass. Electric Refunds in Dispute

LCG, Feb. 6, 2002--Massachusetts Electric and the state of Massachusetts' Department of Telecommunications and Energy are in disagreement over the terms under which the utility will provide 1.3 million customers with a refund resulting from outages last summer.

In October, Mass. Electric submitted documents that would have put off any refund until 2009, because of its high performance in 2000. According to Mass. Electric, the DTE had imposed rules concerning refunds owed for performance reasons retroactively. Its filing would reduce the amount of refunds due by $3.7 million for a "service quality" plan that was part of a merger between the utility and Eastern Edison.

The DTE has resisted the idea that the refund be affected by prior performance. Attorney General Thomas F. Reilly and the state Division of Energy Resources have said that the October filing, if approved, would provide an incentive to improve performance, however. Reilly has sought $22.5 million in immediate penalties from NStar Electric, which has said that the rules have been implemented retroactively back to 1999. The state's performance-based rates were put in place in the summer of 2001.A spokeswoman for Reilly, Sarah Nathan, said the NStar fine was based on "a clear difference in the performance levels of the two companies. The consumers that we've received complaints from a re all NStar customers."

Legal filings relating to Mass. Electric are expected to be completed by Feb. 18. Mass. Electric's senior vice president of distribution finance, Robert H. McLaren, foresees a DTE ruling on the matter within two months.
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