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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

Canadian Premier Struggling Over Deregulation

LCG, May 7, 2003--Premier Ralph Klein of Alberta, Canada acknowledged that questions on who will pay for investment in Alberta's power infrastructure, along with the possibility of more steep price increases for energy users, have caused him to consult with ministers in the government about possible policy directions.

Klein has strongly voiced his support for deregulation, but said while the price of electricity seems "quite reasonable" on some bills, non-power usage charges are "very hard to explain." He said that he and local officials have experienced serious political pressure of late in opposition to increased costs through rates, which Klein capped for small customers after they were allowed to rise.

Monday, the Energy Minister Murray Smith announced that the cost of installing new transmission lines from Fort McMurray to Calgary would be borne by consumers, rather than being split with energy companies. Last November, the Alberta Energy and Utilities Board had said that the costs would be split, which, according to new board members, would not lead to the required investment funds. Klein had answered questions on the subject about a year ago by saying that those "who generate and sell the electricity would be responsible for the transmission of that electricity and the construction of the lines."

Klein said that despite the need to examine investment and billing issues, "As far as I'm concerned, we were thorough, we took the right steps, we're into this thing, we're so far into it, it would cause a tremendous amount of damage if we tried to unravel it all."
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