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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

New Long-term Power Supply Secured by Hydro-Quebec

LCG, Oct. 4, 2002--Hydro-Quebec today announced it had selected a bid from two companies to supply 1,200 megawatts of power over a twenty-year period, starting in 2007.

The selections by the utility, worth C$6 billion ($3.76 billion US), will require approval by the Quebec Energy Board, and are due to be followed next year by requests for further supply offers. The agreements would be signed with Groupe Axor Inc. and Calpine Canada Power Corp., which together will operate a gas-fired generating unit in Varennes, close to Montreal.

Hydro-Quebec is also prepared to generate power at its Robert-Bourassa LG-2 generator, a baseload unit, and the LG-1 unit, which will be dispatchable. The utility's sales of power are 156 Twh in the current year, and are scheduled to grow to 165 TWh by 2005. "We will need 1.2 to 1.3 terawatt hours more of electricity per year as of 2006," commented Yves Filion, the president of Hyddro-Quebec's distribution unit.
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