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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

State May Allow Entergy to Bid on Vermont Yankee

LCG, Dec. 6, 2000-- Entergy Corp.'s Entergy Nuclear subsidiary may be allowed to reenter the bidding for the 510 megawatt Vermont Yankee nuclear power plant, an official of the Vermont Public Service Board said yesterday.

Though AmerGen Energy Co. had appeared to have acquisition of the facility sewed up, the Board had not ratified the sale and last week Entergy Nuclear asked to intervene in the proceedings, saying it was still interested. At the time, a spokesman for the Board said the agency was looking for the best deal for the state's electricity customers.

Yesterday, PSB official Geoffrey Commons said "If Entergy can do better than AmerGen, than we are interested in seeing them make that better offer."

In October of last year, Entergy dropped out of the bidding for Vermont Yankee when AmerGen post an offer of $23.5 million, which was considered high at the time. But times have changed. After Entergy agreed to pay $1 billion for two New York Power Authority plants last February, the rules changed, too.

Last month, AmerGen upped its offer for Vermont Yankee to $93 million and said it would pay for refueling costs if the deal could be closed by the next refueling outage scheduled for this coming April. That added $10 million to the AmerGen offer, and Entergy remained interested.

If a deal for Vermont Yankee is not completed by April, the cost of refueling the reactor would be borne by customers of its utility company owners. That would not be a good deal for the state's electricity customers.

The Public Service Board has proposed that Entergy cover the refueling cost by posting a $10 million bond as the price for submitting a new bid for the plant.

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