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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

California Bill Clarifies Merchant-Utility Interaction

LCG, Apr. 30, 2003--A bill now in the California senate that is sponsored by Sen. Joe Dunn, D-Santa Ana, will likely be modified by amendments that put more emphasis on competitive wholesale power sales, while ending direct access for customers.

Some representatives, such as Sen. Debra Bowen, D-Marina del Rey, the chair of the Senate Energy Committee, have said that SB 888 will deter new private investment. The bill, of which Bowen is a co-author, would encourage long-term contracts rather than the spot market, and prevent the state's major utilities from selling off their remaining power generation.

The Independent Energy Producers Association's spokesman has stated that the SB 888 does not agree with state agencies' current planning for future market operations, and is based on political motivations. While customers who contracted directly with energy sellers would not be allowed to renew their contracts if the bill were to go into law, power consumers such as refineries, which are often served by on-site cogeneration plants, could maintain the arrangements they have.

One amendment states that "direct investment in electric generation plants isn't the exclusive method for electrical corporations to fulfill their obligation to serve retail customers at just and reasonable rates." A vote is anticipated on SB 888 next week, after legislators have considered the amendments.
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