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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

DOE and B&W Sign Agreement to Develop mPower Small Modular Reactor

LCG, April 16, 2013--The Babcock & Wilcox Company (B&W) announced yesterday that its subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the Department of Energy (DOE) have signed a Cooperative Agreement for funding from the DOE's Small Modular Reactor (SMR) Licensing Technical Support Program to support the development and licensing of B&W's mPower technology.

B&W's mPower technology is based upon a 180-MW, integral pressurized water reactor design that uses a fully underground containment structure. With the Cooperative Agreement, approximately $79 million, allocated from the first year of the Licensing Technical Support Program, will now be available to the B&W mPower program.

A DOE representative stated, "The Department is pleased to complete this important step in our SMR Licensing Technical Support Program. Our work with B&W mPower will help advance the commercialization of safe and efficient SMRs in the United States. U.S.-built SMRs have the potential to cost-effectively support our nation's energy and climate goals while boosting U.S. manufacturing capabilities and job growth."

The signing of the Cooperative Agreement formalizes B&W's cost-share agreement with DOE, following the selection last November of the mPower America team - comprised of B&W, the Tennessee Valley Authority (TVA) and Generation mPower - as the winner of DOE's competitively bid funding opportunity, in support of commercial demonstration of the B&W mPower SMR by 2022. B&W mPower and Bechtel (who together formed Generation mPower LLC) will provide licensing and engineering support for the mPower America Project.

The new agreement shows continued progress to develop the mPower SMR technology. In February, B&W announced that B&W mPower executed a development agreement with the Tennessee Valley Authority (TVA) to prepare and support the Nuclear Regulatory Commission (NRC) review of a Construction Permit Application for a B&W mPower SMR at TVA's Clinch River Site in Oak Ridge, Tennessee.
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