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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

PetroChina Still Pushing for 2004 Gas Pipeline

LCG, March 14, 2002-Despite international outcry, China seeks to finalize a joint venture with Shell to build an $18 billion gas pipeline.

China plans to have the pipeline reach from northwestern Xinjiang to Shanghai by 2004, a project spanning the entire length of China. Many other international oil giants are involved with the project and are represented by Shell, including Exxon/Mobil and British Petroleum, the latter of which faced much public criticism because of its Chinese holdings.

The project will transport over 12 billion cubic meters of gas per year from western provinces to the much more populated areas of Shanghai and the Yangtze River Delta.

The process of building the pipeline has and will bring many Chinese into areas previously inhabited by minority groups such as Buddhist Tibetans and Muslim Uiygers. The influx of Han Chinese into the desert and Tibetan Plateau has already had a significant impact upon the lives of these people, and critics of the pipeline have voiced concerns that minorities may face much more than increasing population. International protest has been made worldwide regarding the treatment of Chinese minorities, and many people oppose the building of the pipeline as well as China's search for oil reserves in western China.

Petrochina controls seventy percent of China's known gas reserves and expects a ten percent annual gain in production in coming years.

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