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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

New York ISO Files to Eliminate Export Charges with New England

The New York ISO (NYISO) filed a proposal yesterday with the Federal Energy Regulatory Commission (FERC) to eliminate the export charges on electricity transactions between the NYISO and ISO New England (ISONE). The NYISO anticipates - subject to FERC approval - that the elimination of the export charges will be implemented by the end of 2004.

The NYISO estimates that the total charges for exports from NYISO to ISONE have been averaging about $10 million annually, while the total charges for exports from ISONE to NYISO have been averaging about $12 million annually.

The elimination of the export charges will improve the economics of inter-ISO transactions and will be another step towards achieving the FERC's regional, competitive market goals previously set forth in its Order 2000 and subsequent Wholesale Power Market Platform issued April 28, 2003. Other areas previously identified for the NYISO to address with respect to the Wholesale Power Market Platform include greater inter-regional coordination and the transmission system planning process.

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