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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

Kuwait's Parliament Slows Emergency Power Projects

LCG, Feb. 13, 2002--The Kuwaiti parliament made the awarding of contracts for power plant construction subject to normal review procedures on Tuesday, rather than allow Electricity Ministry representatives to award contracts themselves.

$425 million worth of contracts were being considered in order to protect the country against possible shortages in 2003. Western executives consider the processing and review of contracts by the Central Tender Committee (CTC) to be an extended procedure.

Companies such as Siemens AG, General Electric, Alstom SA and Mitsubishi have already submitted bids for a gas turbine project worth approximately $400 million. The parliament is not altogether comfortable with state contracts that are not subject to traditional review, however.

The Electricity Minister Talal al-Ayar made a statement to the parliament that the ministry panel charged with approving power projects was in place "for the urgent necessity to implement projects to meet the country's future power needs."

The country experienced nine percent growth in power demand in 1999, and hopes to procure 1,000 megawatts in new capacity by 2004. Summer temperatures in the shade can reach 125 degrees Fahrenheit (50 Celsius).
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