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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

Puget Energy Seeks 14.5 Percent Rate Hike

LCG, Nov. 28, 2001--Puget Sound Energy Co., the utility subsidiary of Puget Energy Corp., has asked Washington state regulators for a rate increase for both natural gas and electricity and for permission to offer variable rates that would permit the company to pass along to customers any changes in the wholesale cost of energy.

The utility, which serves nearly a million customers around -- but not in -- Seattle, is seeking a 14.5 percent electricity rate increase that would boost the average householder's monthly bill by about $9. Residential gas bills would increase by another $2 per month.

The Washington state consumer advocate greeted the request with dismay. "We think it's a shocking blow for ratepayers and small businesses that are already facing recession and high employment," said Simon ffitch (that is correct), power counsel in the state Attorney General's Office.

The proposed gas and electricity rate hikes are part of a general rate case which will be reviewed by the Washington Utilities and Transportation Commission in a process that could take up to a year.

That is not fast enough to stop the bleeding, the company said, announcing it would file an interim rate increase request with the commission, seeking to recover losses of $625,000 per day from September of this year through September 2002.

Even with the increases, which would be the first in more than five years, Puget Sound Energy customers will be better off than their neighbors, the company said. Customers of Seattle's municipal utility will be paying almost 50 percent more for electricity than they did a year ago, and those of Tacoma's electric department will be paying more than a third more.

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