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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

Southern Unit Plans 320 Megawatts for Virginia

LCG, Feb. 13, 2001Mirant Corp., the former Southern Energy and still a subsidiary of The Southern Co., said yesterday it wants to build a 320 megawatt natural gas-fired power plant in Danville, Va.

The proposed facility would consist of four 80 megawatt simple-cycle units that could be expanded to 870 megawatts total output with the addition of heat recovery steam generators and conversion to combined-cycle operation.

Rick Pershing, chief executive officer of Mirant Americas, said "The Danville area needs new plants, and these gas-fueled turbines represent one of the cleanest ways to make electricity on a commercial scale."

Danville Mayor John Hamlin was enthusiastic. "This investment would create a myriad of benefits for Danville's future -- significant new tax revenue, high quality jobs, economic diversification, electric generation capacity, natural gas capacity," he said.

Mirant said the plant would initially be a peaking facility, meaning it would be used only during periods of great demand when the electricity produced would fetch the highest prices. Conversion to a combined-cycle configuration would occur if the company determines that the power plant is needed for its day-to-day electricity production needs.

The new facility would be built on about 67 acres in a Danville industrial park. Depending on receipt of state and local permits, Mirant expects commercial operation to begin in 2003 or 2004.

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