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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 Buys Enron's Houston Pipe Line

LCG, June 4, 2001--American Electric Power Co. Inc. said Friday it has completed the purchase of Enron Corp.'s Houston Pipe Line Co. intrastate natural gas pipeline subsidiary for $726.6 million. The deal includes pipelines in Texas, storage facilities and inventories of natural gas.

Houston Pipe Lines operates more than 4,400 miles of pipeline within Texas including lines linking offshore gas producing areas in the Gulf of Mexico with processing facilities and interstate pipeline in the state. The purchase adds about 2.4 billion cubic feet per day of capacity to AEP's smaller existing system.

The purchase also includes a 30-year pre-paid lease to operate the Bammel Storage Facility, which boasts about 118 billion cubic feet of capacity.

AEP said the Houston pipeline system will be operated separately from its existing facilities, but the two will be centrally controlled. The combined systems will have a daily gas capacity of around 3.2 billion cubic feet and include more than 6,400 miles of natural gas pipeline in Louisiana and Texas.

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