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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

Ex-Enron Executive Says Documents Shredded During Investigations

LCG, Jan. 22, 2002--Enron's former director of foreign exchange and sovereign risk management told ABC News, and it was reported yesterday, that staff in Enron's accounting department were shredding documents as late as last week.

The executive, Maureen Castaneda, said "I can't tell you what they were searching for, but they were definitely interested in picking out certain documents." ABC News is investigating the allegation, which marks the first suggestion that documents within Enron are being shredded as numerous investigations within Congress and class-action lawsuits are being filed. Enron has said that it issued numerous directives to employees beginning in October to preserve all documents.

Castaneda told ABC News in an interview Monday that she had observed accounting department staff, whose offices were across the hall from hers, collecting boxes of documents after Thanksgiving, which they looked through. Shredded paper began to appear in trash bins, Castaneda said.

Rep. James Greenwood, R-Pa., chairs the House subcommittee that will hold a hearing this week relating to accounting firm Arthur Andersen's shredding of documents. He said, "if anyone in Enron, or for that matter Arthur Andersen, is shredding documents that have anything to do with this entire matter, they are going to be in a whole lot of trouble."

Destruction of documents requested by the SEC or other branches of the government is considered by experts to constitute a crime.
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