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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

NY Power Plant Plans Cancelled

LCG, May 9, 2002--Today General Electric and Sithe Energies Inc. publicized the cancellation of a joint development near Oswego in upstate New York, citing market conditions.

The Heritage plant would have been a 800 MW natural gas-fired combined cycle and had succeeded in all significant regulatory steps. The construction was postponed to this spring from December, but now the companies say recession and changes in electricity prices make construction economically unfavorable.

The cancellation is just one of a number of power projects that have been cancelled because of changing market conditions.

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