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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

National Grid to Manage Alliance RTO

LXCG, Aug. 29, 2001--British electric power transmission company National Grid Plc said yesterday that it has been selected as managing member of the Alliance regional transmission operator, an 11-state transmission system manager stretching from the Midwest to the Appalachians.

National Grid will make an initial investment of $75 million in Alliance Transco and continue with investments amounting to between 5 percent and 20 percent of the total invested by the RTO's 10 members.

During the seven-year contract, National Grid will be paid $14 million a year by Alliance. It will be able to increase those earnings through an incentive systems based on reliability and customer savings.

Alliance members have placed under the RTO's management transmission assets with a book value of $12 billion.

The deal must receive approval of the member companies as well as that of federal regulators, but the Federal Energy Regulatory Commission earlier this year gave Alliance its tentative okay.

In order to meet FERC's requirement that it be a "nonmarket" participant, National Grid said it would sell any remaining economic interests of affiliates in the power-generation and supply markets in the U.S.

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