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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

FERC Judge Says Investigation Shows No Manipulation by Avista

LCG, July 28, 2003--After the release on June 25th of documents relating to a Federal Energy Regulatory Commission investigation of Avista Corp.'s trading practices, the agency's Chief Administrative Law Judge, Curtis Wagner Jr., said that he is satisfied that the Commission can make a ruling based on the record, reversing an order he made on the day of the release.

At issue are trades that took place between Avista, Enron and Portland General Electric, the Enron subsidiary. FERC staff investigated over a period of months, and in January, notified Wagner that it believed Avista should be cleared of having intentionally manipulated energy markets during the Western energy crisis. In March, however, FERC staff other than those making the first determination that Avista could not be cleared when manipulation was found among numerous companies, which were ordered to justify their trading practices. Avista was said to have caused congestion on transmission lines, sold energy it could not furnish, and profited by relieving transmission congestion.

Wagner requested documentation on particular issues, which were provided. The board of FERC will next meet on Sept. 10, and may make a decision based on Wagner's findings that no manipulation by Avista occurred. Avista's CEO and president, Gary Ely, issued a statement that Wagner's finding was "a major step forward in successfully resolving this issue."
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