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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

Protests Delay Vote on Sale of Brazilian Utility

LCG, Aug. 17, 2001--Legislators in the Brazilian state of Parana were set to vote yesterday on whether to sell into private hands the state's electric generation, transmission and distribution utility, Copel, when anti-privatization activists invaded the capitol building and disrupted the proceedings.

The lawmakers will try again next week, officials said. The state, in southern Brazil, immediately south of the state of Sao Paulo, plans to complete the auction of Copel by October 31.

But the sale of the utility has met with strong resistance from local politicians and populist activists fomenting fears that private ownership would mean higher rates and degraded service, all in the name of profit.

Yesterday, thousands of demonstrators gathered in Parana's capital city of Curitiba, invaded the assembly's building and clashed with police, reports said. The anti-privatization forces said they expect to have sufficient support to block privatization if the vote is taken next week.

Five foreign firms have indicated an interest in purchasing the utility, including Belgium's Tractebel, Hydro-Quebec of Canada, Electricit de France, Germany's RWE and the Spanish Endesa.

Between 76.5 percent and 90 percent of the voting stock in Copel will be sold, depending on how many of the company's minority shareholders participate in a government offer to buy their shares for inclusion in the auction.

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