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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

AEP, Power Agency to Expand Texas Grid

LCG, May 24, 2001American Electric Power Co. and the Lower Colorado River Authority yesterday reached a tentative agreement to spend $500 million over the next five year to expand the electric power transmission system service southwestern Texas.

The program, which will require approval by the Public Utilities Commission of Texas, is aimed at improving capacity on the system to accommodate 27 new power plants that will add 14,000 megawatts of generation to the Texas grid in the next few years.

The joint venture, which was approved by the LCRA's directors yesterday, expects to have a final agreement in place next month. Robert Cullick, a spokesman for the LCRA, said "We expect to have a final negotiated contract in June and hope to start construction on specific projects by the end of the summer."

In an assessment of transmission systems earlier this year, the North American Electric Reliability Council said Texas' transmission grid, though in better shape than those in California and New England, was in need of improvement. Cullick agreed, saying "There are some bottlenecks. By expanding existing lines and building new ones we hope to relieve some of these bottlenecks."

In addition to expanding capacity on existing lines and building new ones, the program calls for upgrading substations, adding new connections and making other improvements.

Under the joint venture between AEP and LCRA, the Authority will own the new facilities and AEP will operate and maintain them. Because of its tax-exempt status, LCRA will be able to finance the improvements at lower cost than could a private company.

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