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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

Proposal for New Generation on Long Island Presented to Locals

LCG, January 7, 2005--Caithness Energy and the Long Island Power Authority (LIPA) presented their plans to build a 326-MW, combined cycle generating station on Long Island to the Bellport area residents. Caithness Energy is the developer of the North Bellport Energy Center and will construct and operate the plant, and LIPA has agreed to sign a long-term contract to purchase 85 percent of the electricity generated, with the remainder sold to the wholesale market.

LIPA is acting as the lead agency for the Caithness project, as it is the primary government agency to support and approve construction and operation of the proposed generating station. The station will be located on a 96 acre site in an industrial area. Caithness plans to start construction in the spring of 2006, given approval from various agencies, including the town of Brookhaven.

The station is estimated to cost $375 million, and the gas-fired units will use oil as a back-up fuel. The plant is proposed to meet growing demands that are currently served by aging generating stations and imports, which are severely limited by transmission constraints.

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