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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

Calpine Adjusts Earnings Statements for Last Three Years

LCG, March 4, 2003San Jose-based Calpine Corporation restated its earnings results for 2000, 2001, and 2002 after changing accountants.

2000 earnings were lowered from $373 million to $369 million. 2001 earnings were lowered from $648 million to $623 million, and 2002 earnings were reduced from $142 million to $119 million.

Calpine does not see any major impact from the changes but has also asked the Securities and Exchange Commission to review two power contracts beginning in 2000 to determine if proper accounting was used.

Last March Calpine switched auditors, dismissing Arthur Andersen LLP for Deloitte & Touche LLP.

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