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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

Tractebel Building 1,225 Megawatts in 2 U.S. Projects

LCG, Aug. 24, 2001--The North American power project development subsidiary of Belgian utility Tractebel said yesterday that it has begun construction on two U.S. natural gas-fired merchant power plants totaling 1,225 megawatts of electricity generating capacity.

Tractebel Project Development Inc. said it will build a 505 megawatt facility at Chehalis, Wash. at a cost of $360 million. The plant, located midway between Portland, Ore. and Seattle, is scheduled to commence commercial operation in late 2003, when it will begin selling its output into the Northwest Power Pool.

The company will also build a $350 million, 720 megawatt power plant in Wise County, Texas, northwest of Dallas, and will serve the growing demands of the Dallas-Fort Worth metroplex. It too will be completed in late 2003, when it will start pushing power into the North Texas regional electricity market.

"The Chehalis and Wise County electric generation projects are important additions to Tractebel'sNorth American power portfolio. Once built, these state-of-the-art facilities will provide clean andreliable energy at competitive prices in regions where the energy is most critically needed," saidWilliam P. Utt, chief executive of Tractebel North America Inc.

Both plants are being built by Reading, Pa.-based Parsons Energy and Chemicals Group Inc. under engineering, procurement, construction contracts.

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