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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

N.Y. ISO Worries About Power Shortage, Price Spikes

LCG, June 1, 2001--The New York Independent System Operator yesterday warned that a power crisis threatens the Empire State, though there are unlikely to be California-style blackouts this summer.

The ISO, urging regulators to streamline the permitting process for new power plants, said the state could face power shortages and increased electricity prices as early as next year if new generation does not come on line.

"New York has no significant generation coming on and we are expecting load increases. That spells trouble," said Bill Museler, chief executive of the ISO.

As in California, there are many proposals for new power plants 65 at latest count but only five have been accepted. And those five, even if they clear all regulatory hurdles and survive local appeals, could not begin to produce power for at least two years.

"It is crucial some of those plants are approved this year or power reliability will be at very serious risk and prices will be judged totally unacceptable," Museler said.

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