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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

Lawmakers Consider Enron Role in California Crisis

LCG, Jan. 16, 2002--The California Senate Rules Committee may compel Enron Corp. officials and Arthur Andersen representatives to provide sworn testimony concerning documents dealing with last year's power market crisis.

The legislators on the committee realize that such documents may have been destroyed when Arthur Andersen Accounting received a subpoena from the Securities and Exchange Commission. The partner in charge of Enron audits, David Duncan, has been discharged by Arthur Andersen. The investigation Senate members are conducting into possible market manipulation during California's power crisis could be aided by some of the same documents.

Sen. Joe Dunn, D-Santa Ana, who chairs a special Senate task force on price manipulation, told the Sacramento Bee that Enron submitted 133,464 documents to the Rules Committee in response to subpoenas, after failing to comply for months. In September, it turned over documents with under a confidentiality agreement. Dunn told the Sacramento Bee the documents were "woefully inadequate" in satisfying the subpoena.

Dunn further said the "destruction of any documents that were under subpoena from this legislative committee is a violation of California law," and that if it had taken place, the committee would "take all necessary action that is available to us."

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