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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

Calpine Completes Acquisition of Westcoast Energy Plants

LCG, Sept. 24, 2001--Calpine Corp. said on Friday its wholly owned subsidiary Canada Power Holdings Ltd. has completed the acquisition and assumed operations of two Canadian cogeneration plants from British Columbia-based Westcoast Energy Inc.

The acquisition adds 275 net megawatts of strategic natural gas-fired generation to Calpine's Canadian power portfolio. Calpine said it paid about $255 million (U.S.) for the plants.

The acquisition gives Calpine 100 percent interest in the Island Cogeneration facility, a 250 megawatt natural gas-fired electric plant located near Campbell River, British Columbia on Vancouver Island.

The plant, which is nearly completed, will deliver electricity to BC Hydro under the terms of a 20-year agreement and will also provide process steam to a nearby industrial concern under a 15-year contract.

Calpine also acquired a 50 percent interest in and assumed operations of the 50-megawatt Whitby Cogeneration plant, which provides power to Ontario Energy Financial Corporation, formerly Ontario Hydro, under the terms of a 20-year agreement. Located in Whitby, Ontario, the plant entered commercial operations in September 1998 and provides steam to a packaging firm.

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