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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

Exelon Files for License Extension at Three Mile Island

LCG, January 9, 2008--Amergen, a unit of Exelon Corporation, announced yesterday that it has filed an application with the U.S. Nuclear Regulatory Commission (NRC) for a 20-year extension of the operating license for Three Mile Island Unit 1 nuclear generating station, located near Harrisburg, Pennsylvania.

Three Mile Island Unit 1 began commercial operation in 1974, and the current license will expire in April 2014. The existing unit is pressurized water reactor and has an electric generating capacity of 852 MW.

The NRC has approved license renewal applications for 48 generating stations and 38 other license renewal applications are pending or have been announced. Amergen anticipates that the NRC will review the application over 22 to 30 months.

Unit 2 was shut down following a core meltdown accident in 1979. The accident is considered the most serious accident in U.S. nuclear industry history.

Amergen acquired Three Mile Island in December 1999. According to AmerGen, the company has invested over $100 million in plant upgrades and plans to invest another $300 million during the fall 2009 refueling outage to replace two steam generators.

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