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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

Panda Plans 1,300 Megawatts for West Point, Texas

LCG, Jan. 12, 2001--Panda Energy International, Inc. yesterday announced the development of a $400 million, 1,300 megawatt merchant electric power plant in West Point, Texas, called the Panda Black Prairie Project. Construction is set to begin in the spring of 2002 and will take about 18 months.

City officials stated the plant will add at least $2.9 million to the tax base, $1.2 million of which will be earmarked for the West Point Public School District.

About 500 jobs and an estimated payroll of $50 million will be created during the construction period, the company said. When the plant goes into service in 2004, it will employ 45 people with over $2 million in annual payroll. Panda said it is committed to searching the local area for qualified employees before going outside the state.

West Point Mayor Kenny Dill said "The tax dollars Panda generates will help us improve roads and infrastructure, and enable our school system to add programs and facilities that otherwise would not have been possible.''

Dr. Randy Hamblin, West Point schools superintendent, was no less enthusiastic. "I understand that Panda Energy has long been a supporter of public education in the communities in which they are located, he said. "We are looking forward to having a good relationship with them here, as well."

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