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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

Montana Power Gets Farther Away from Power

LCG, June 26, 2001Montana Power Co. said this morning it has arranged to buy out the remaining term of a power supply contract with an industrial customer, removing the former electric utility's exposure to uncertain future energy prices.

The agreement involves a one-time payment by Montana Power of $62.5 million to Advanced Silicon Materials LLC and ends, as of June 30, the power supply contract that was in effect until the end of next year.

Montana Power will soon be entirely out of the power business and will be a telephone company called Touchamerica, or maybe Touch America.

Bob Gannon, Montana Power's chief executive, said "This action terminates a legacy industrial energy-supply obligation on generally favorable terms, and the contract has been removed from our agreement with North Western Corp., the buyer of our utility business."

"We have enjoyed a good working relationship with Montana Power," said Advanced Silicon's Mike Kerschen. "They were an excellent partner, and we are happy to support their need to transition away from energy to telecommunications."

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