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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

Maritimes & Northeast to Double Capacity

LCG, June 20, 2001--Maritimes & Northeast Pipeline said yesterday it has agreed with PanCanadian Petroleum Ltd. to transport up to approximately 400 million cubic feet per day of natural gas from the PanCanadian-owned Deep Panuke project offshore Nova Scotia to markets in Atlantic Canada and New England.

To handle the additional capacity, Maritimes proposes to expand its mainline at a cost of about $330 million (U.S.). The expansion is scheduled to be completed in late 2004 or early 2005 to meet the PanCanadian planned production target of first quarter of 2005.

Michael Phelps, chairman and chief executive officer of Westcoast Energy Inc., the lead partner in the Canadian portion of Maritimes, said "With this expansion, we are well on the way to our goal of doubling system capacity to 1.2 billion cubic feet per day by 2005 and to 2 billion cubic feet per day by 2010."

Phillip Knoll, president of Maritimes & Northeast Pipeline, predicted "This project will see our transportation rates dropping significantly, enhancing the competitiveness of Scotian Shelf natural gas in relation to other supply basins in North America."

Maritimes said it would soon file applications to the Canadian National Energy Board and the U.S. Federal Energy Regulatory Commission for project review and approval.

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