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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

PG&E Submits Revised Plan Designed to End Debts

LCG, March 11, 2002-On Thursday, PG&E filed an alternate plan for dealing with its bankruptcy. The first plan was rejected by Judge Dennis Montali because it allowed PG&E to preempt state law, splitting up PG&E's assets.

The new plan requires redistributing $8 billion worth of PG&E assets into three companies, yeilding much state control over to the federal government. This plan does not deviate much from the PG&E's earlier attempt to split itself up, although this time 78,000 acres of watershed land would remain in PG&E's hands; state and federal officials, environmental groups, and farmers were concerned that authority over these environmentally-sensitive lands might be handed over. PG&E still wants to preempt other state laws, however, including those prohibiting the sale or transfer of power plants until 2006.

The state has other plans for PG&E, and while the corporation believes its new filing will pull it out of debt and allow it to pay creditors, California says PG&E should use pre-existing funds to pay off its debt.

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