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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

Wind Power Tax Cut Extended

LCG, March 12, 2002-Legislation signed Saturday gives power producers a two year extension on a wind energy tax cut, the Production Tax Credit(PTC).

Applauded by the U.S. wind power industry, the tax cut will hopefully support further growth in wind power, which has stagnated after a year of record growth in 2001. The cut affects about $3 billion in wind energy projects, $1.7 billion of which were installed last year.

Trade groups say that inconsistent legislation has set U.S. wind energy behind that of Europe but hope to bring wind energy from 0.5 percent to 6 percent of total U.S. energy production by 2020.

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