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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

Brazilian State-Owned Plants Will Auction Electricity

LCG, Jan. 31, 2002--Trading in five state-owned power companies was suspended for an hour yesterday as the government announced that state-owned plants would sell power through public auctions.

The changes were announced by Minister Pedro Parente, who is in charge of the electricity crisis task force, and need to be approved by Congress in March in order to take effect.

Currently, Electrobras, Cesp, Copel, Cemig and EMAE produce 90 percent of Brazil's electric power, and do so at low, regulated rates. Private investment in new, gas-fired generation capacity has been slow due to rationing of electricity, and the government's indication earlier this month that public power would play a more significant role in providing electricity.

That policy was brought about by a drought that has severely decreased the output at hydropower plants. When trading resumed after the announcements yesterday, share prices in the state-owned and private power companies rose. Electricity rates paid by consumers are expected to rise, and would be funded in part by increased dividends from public power companies.
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