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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

Duke, Williams to Buy Rival Pipeline Project

LCG, Nov. 20, 2000--Subsidiaries of Duke energy Corp. and The Williams Cos. said Friday that planned to purchase the Gulfstream Natural Gas System project from The Coastal Corp. and would scrap plans of their own for the Buccaneer pipeline project.

The two projects are almost identical, bringing natural gas from Alabama, about 750 miles across the Gulf of Mexico, to the Tampa, Fla. area. Gulfstream is about a year ahead of Buccaneer in development and has lined up 10 customers to serve when it becomes operational in 2002.

The sale by Coastal is a requirement of the company's merger with El Paso Energy Corp., set by the Federal Trade Commission. David A. Arledge, chairman and chief executive of Coastal called the sale a "significant step forward" in completing the merger.

"Until the merger is complete, Coastal will continue to develop and market Gulfstream, will ensurethat the project moves forward as scheduled and will remain fully committed to its many stakeholders in Florida," Arledge said.

Cuba Wadlington Jr., president and chief executive of Williams' gas pipeline group, said "We have recognized for some time that the market will support only one new pipeline into the State of Florida. The market will now be able to clearly see a single, viable competing pipeline into the state."

Florida observers agreed. "The conventional thinking from most of the experts was that only one of the pipelines would be approved," said Mark Ferrulo, director of the public interest advocacy organization, the Florida Public Interest Research Group. "The market wouldn't have supported both of the projects."

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