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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

Enron's Bankruptcy Plan Filed

LCG, July 11, 2003--Enron filed a bankruptcy reorganization plan that the company's acting chief executive, Stephen Cooper, said represented a distribution of "100% of the economic value of Enron."

The plan will account for 300 classes of creditors, which have claims against 173 affiliates included in the filing for bankruptcy protection. A majority of the members of each class will need to approve the plan, and a vote of two-thirds of the total dollar amount will have to give its backing. Cooper said that a number of creditors and the court-appointed examiner representing Enron North America creditors have voiced their support.

The claims creditors say they are owed equal $67 billion, although what they will receive may be between 14.4 cents and 18.3 cents per dollar, much less than creditors in most bankruptcies receive. The payouts will be made 70% in cash, according to Cooper.
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