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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

Northwest Natural Gas Still Wants Enron's Portland General

LCG, Nov. 29, 2001--Northwest Natural Gas. Co. said this morning that it had filed an application yesterday with Oregon regulators seeking approval of its plans to acquire utility Portland General Electric Co. from disintegrating Enron Corp. for about $2.9 billion.

There were fears yesterday that the acquisition could be a victim of Enron's growing troubles, especially after Standard & Poor's slashed its credit ratings to junk status and Dynegy Inc. walked away from a deal to buy out its larger rival.

But Northwest natural Gas is staying the course. The company's general counsel, Mark Dodson, said yesterday "We remain confident the necessary approvals can be obtained in an expeditious manner."

The application to the Oregon Public Utility Commission was the first in a chain of several such filings. The deal also requires approval by the Washington Utilities and Transportation Commission, the Nuclear Regulatory Commission, the Securities and Exchange Commission, the Federal Energy Regulatory Commission, the Federal Trade Commission and the U.S. Department of Justice.

Northwest Natural Gas agreed on October 8 to acquire PGE, Oregon's largest utility, for $1.8 billion plus about $1.1 billion in assumed debt and preferred stock.

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