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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

CADWR Sues Allegheny Energy Over Alleged Breach of Contract

LCG, Jan. 30, 2003-The California Department of Water Resources (CADWR) filed suit yesterday against an energy company regarding the transfer of a contract to an affiliate.

Allegheny Energy, Inc.'s unit, Allegheny Energy Supply, had a ten-year electricity contract with the DWR, and in December, the contract was given to the new unit, Allegheny Trading Finance Company.

The Federal Energy Regulatory Commission provided the official okay for the transfer, but the CADWR now asserts that the $4.4 billion electricity contract does not allow for the transfer.

The CADWR further asserts that the contract has therefore been terminated by the alleged breach. The contract was initially signed in March 2001.
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