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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

PUC Avoids Derailing Big Stone II Coal Project

LCG, October 12, 2007--The Minnesota Public Utilities Commission (PUC) yesterday agreed to allow the application to construct two electric transmission lines from the planned coal-fired unit, Big Stone II, to Granite Falls, Minnesota to proceed. Two of the utilities supporting the new power plant, Great River Energy and Southern Minnesota Municipal Power Agency, recently announced their decision to withdraw from the project, placing the future of the generation and transmission projects in doubt. The five co-owners of Big Stone II are now Otter Tail Power Co., Central Minnesota Municipal Power Agency, Heartland Consumers Power District, Missouri River Energy Services and Montana-Dakota Utilities.

As previously proposed, the transmission project was to extend between 140 and 160 miles and to cost $225 million to $275 million. With the withdrawal of the two utilities, the project partners informed the PUC that the Big Stone II power plant capacity may be reduced from a 630-MW to perhaps a 500-MW or 580-MW plant.

The proposed electric generating facility would be sited adjacent to the existing, 450-MW Big Stone facility located near the Minnesota-South Dakota border.

Opponents of the projects had hoped that, with uncertainty hanging over the power plant and its design capacity, the transmission line project would be sent back to square one to restart the approval process, which would have led to significant delays in the projects.

A final decision from the PUC is anticipated in 2008.
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