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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

Consumers Energy to Acquire Combined Cycle Plant in Michigan

LCG, January 31, 2014--Consumers Energy announced that it will purchase an existing, 540-MW combined cycle natural gas plant rather than construct a previously planned, 700-MW combined cycle plant.

The plant being acquired, DPC Juniper, is located in Jackson, Michigan and commenced operations in 2002. The sale price of the power plant is $155 million. The estimated cost to build the new power plant in Genesee County, Michigan is approximately $700 million.

The acquisition is scheduled to close in January 2016, with the new capacity compensating for an 840-MW capacity reduction caused by the planned retirement of a seven older coal-fired power plants in April 2016.

Consumers plans to withdraw a Certificate of Necessity filing for the constructing the 700-MW generating plant in Thetford Township near Flint. However, Consumers states that it is not cancelling the project, but deferring it. The project will be developed when
circumstances, including customer needs and energy policy, support restarting the project.
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