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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

Agreement for Long Island Generation Signed

LCG, Apr. 9, 2002--The Long Island Power Authority and PPL Corp. have set in motion plans for two 44-megawatt units to be built by 2003 in Freeport, NY.

The terms discussed by the parties would have the output of one unit secured for LIPA under a power-purchase agreement. The other unit would be owned by Freeport, which would operate both units, which are to burn natural gas, and oil as a backup fuel. The site is now home to an oil-fired plant used by the Freeport Municipal Electric Utility. That plant will be decommissioned to make way for the new turbines.

Operations are expected to begin in the summer of 2003, following approval by the governing bodies of PPL and LIPA.
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