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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

CPUC Approves PG&E's Agreements for 585 MW of Renewable Energy

LCG, December 26, 2007--Pacific Gas and Electric Company (PG&E) announced
that the California Public Utilities Commission (CPUC) approved four renewable energy power purchase agreements (PPAs) associated with three solar and one geothermal facilities. The combined generating capacity associated with the projects is 585.5 MW.

The largest solar project is the Mojave Solar Project, with a generating capacity of 553 MW. The project will use Solel's patented solar thermal parabolic trough technology and cover about nine square miles in the Mojave Desert. The massive project will include 1.2 million mirrors that track the sun and focus the sun's energy to heat 317 miles of vacuum tubing, which will produce steam that drives electric-generating turbines. The project is scheduled to be fully operational in 2011.

Two smaller PPAs, with a combined capacity of 7 MW, associated with solar power were also approved. One PPA is with Cleantech America LLC, and the other is with GreenVolts, Inc. The projects will both utilize photovoltaic technologies and are scheduled for completion in 2009.

Lastly, the CPUC approved a PPA between PG&E and Western GeoPower, Inc. for 25.5 MW of renewable geothermal energy. The power will be generated at The Geysers Geothermal Field, which is sited approximately 75 miles north of San Francisco, California. The Geysers Geothermal Field is an existing resource that has been generating power since 1960.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with a 20 percent renewables target by the end of 2010 and a 33 percent target by the end of 2020.

According to PG&E, about 12 percent of its energy is now supplied by qualifying renewable sources under California's Renewable Portfolio Standard (RPS) program. PG&E states that it is on track to achieve the RPS target of 20 percent by 2010.
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