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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

Guilty Plea Submitted in Gas Data Reporting Case

LCG, Dec. 11, 2003--A former El Paso Corp. vice president, Todd Geiger, pleaded guilty today in federal district court in response to charges of false reporting of natural gas trading data to an industry publication.

Geiger's plea covered one count of falsifying data, out of hundreds of falsely reported trades that were alleged in a statement submitted to the court by Assistant U.S. Attorney John Lewis. The data in question was provided to Inside FERC, a publication of Platts, which is owned by McGraw-Hill Cos.

Mr. Lewis said before Judge Nancy Atlas, "We plan to work with Mr. Geiger as we continue our investigation into false reporting to trade journals." Geiger, who is cooperating with investigators, was first indicted last year in the matter of trade data reported in 2001. According to George Murphy, Jr., who represents the 39-year-old Geiger, his client "has documented a number of calls to Inside FERC complaining about fraud and manipulation of the index."
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