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News
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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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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
NRG Announces Texas Energy Fund Loan Executed for 456 MW Project Near Houston
LCG, August 4, 2025--NRG Energy, Inc. (NRG) today announced that the company has executed a loan agreement with the Public Utility Commission of Texas (PUCT) and received initial funding for two new natural gas units at NRG’s existing TH Wharton power plant as a part of the Texas Energy Fund (TEF) Loan Program. The TH Wharton facility is located on a 600-acre site approximately 20 miles northwest of Houston. The two new units will add a combined 456 MW nameplate capacity and are expected to commence operations next summer.
NRG has two additional natural gas-fired projects moving through the TEF due diligence process. At NRG's existing Cedar Bayou facility, located on a 300-acre site east of Baytown, Texas, a combined cycle facility addition is planned that would add approximately 690 MW of generating capacity. At NRG's Greens Bayou Electric Generating Station, located on a 560-acre site northeast of Houston, Texas, a simple cycle unit addition is planned that would add approximately 440 MW of capacity. Both expansions are planned to commence operations in mid 2028. In total, NRG’s planned capacity additions utilizing TEF funding will add over 1,500 MW of new, dispatchable, gas-fired projects in Texas by 2028.
NRG's Executive Vice President and President of NRG Business and Wholesale Operations stated, "Demand for electricity across Texas is surging, and we’re working quickly to supply new dispatchable natural gas generation to the grid. Our new units at TH Wharton will add lasting benefits to the surrounding community with the addition of jobs, enhanced grid stability and economic growth. We want to thank Governor Greg Abbott, the Texas Legislature and the PUCT for being great partners in helping power Texas forward."
Texas faces significant demand growth from rapid industrial expansion, AI-powered data centers, and residential development. To address the situation, the TEF was created in late 2023 to provide funding opportunities for electric generation projects—both inside and outside of the Electric Reliability Council of Texas (ERCOT) power region—through four programs based on an application process and award system developed by the Public Utility Commission of Texas. The Texas Legislature appropriated $5 billion to fund the TEF for Fiscal Years 2025-2026 and an additional $4 billion for Fiscal Years 2027-2028.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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