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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

Former Edison President Appointed to PUC

LCG, March 6, 2002A former president of Southern California Edison has been appointed to the California Public Utilities Commission.

California Governor Gray Davis named Michael R. Peevey to the PUC. Peevey will take the place of Richard Bilas, who is resigning, citing frustration with policy and his wifes health.

Daviss decision has been received negatively by consumer groups because the commission is responsible for regulated Edison, among other utilities, and Peevey, in addition to being the ex-president of Southern California Edison from 1990 to 1993, has a history of pushing for steeper small business and residential rates, according to The Utility Reform Network. However, the California Chamber of Commerce and industrial energy user lobbyists have supported his appointment.

Steve Maviglio, Davis spokesman, said that Peevey will be required to divest holdings and remove himself from other positions with a potential for a conflict of interest.

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