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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 Okays GPU-First Energy Merger

LCG, May 25, 2001-- Pennsylvania utility regulators Thursday gave conditional approval to aproposed merger of GPU Inc. with Ohio-based First Energy Corp., but postponed a decision on GPU's request to raise rates, the Pennsylvania Public Utility Commission said yesterday.

The commission voted 5-0 to approve the merger and then voted 4-1 to convene a "collaborative meeting" between the parties, to begin Tuesday and conclude no later than June 20. The commission said it would issue a final order by July 13, no matter what the collaboration produces.

The regulators attached conditions to their approval, Commissioner Terrance J. Fitzpatrick said. The combined company must agree to refrain from charging customers for costs associated with the deal or withdrawing transmission assets from the power grid that serves Pennsylvania.

The commission also required the companies to submit a detailed plan of anticipated job cuts within 60 day of the effective date of the merger to ensure that GPU's Pennsylvania employees do not pay the major price for "synergies" produced by the combination.

The new company formed by the merger will stretch from Ohio to the Jersey shore, will serve about 4.3 million customers and have annual revenue of around $12 billion.

GPU had sought a rate increase to offset the rising cost of wholesale power, even though it had agreed to a rate freeze through 2008 in earlier deregulation negotiations.

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