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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

Pennsylvania Dereg Savings Evaporate

LCG, April 17, 2001When Pennsylvania deregulated its electric industry, success was measured in part by the numbers of customers who switched to new sources of power, and saved money in the process. And many customers switched, including about 100,000 householders who left Duquesne Light Co. and began buying electricity from Allegheny Energy Supply.

According to a story in this morning's Pittsburgh Post-Gazette, Allegheny Energy has begun notifying those 100,000 residential customers that it is raising rates to 4.89 cents per kilowatt-hour, up from the 3.95 cents to 4.60 cents it charged when they switched.

The new prices, which go into effect next month, will be the same prices that Duquesne Light's energy supplier, Orion Holdings, charges customers who did not switch to an alternative electricity supplier, the paper said.

Allegheny Energy spokeswoman Janice Lantz blamed the price increase on soaring wholesale power prices throughout the country. "Deregulation is on hold," she said, adding that the benefits derived from it could re-appear if wholesale prices moderate.

Those Allegheny Energy Supply customers who decide to remain with the company instead of returning to Duquesne will pay the 4.89 cents rate through February 2002, after which the rate is expected to rise to 5.61 cents a kilowatt hour -- slightly below what Duquesne is expected to charge, the Post-Gazette said.

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