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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

Dominion Begins Building Big Pennsylvania Plant

LCG, Dec. 21, 2001--Dominion Resources Inc. broke ground yesterday on a 1,200 megawatt, $800 million power plant called the Fairless Works Energy Center at the USX Industrial Park industrial center near Morrisville, in Bucks County, Pa.

The Fairless Works, the cold rolling and tin mill of once-mighty U.S. Steel, was named after Ben Fairless, president of the steel maker from 1938 to 1955.

On hand for the groundbreaking ceremonies were Pennsylvania Gov. Mark Schweiker and Thomas E. Capps, chairman, president and chief executive of Dominion Resources, presumably protected by hard hats.

Schweiker noted that Dominion Resources "was creating new jobs here, and investing in new generation, which will make our competitive electricity market even stronger."

When his turn came, Capps said "For Dominion, Fairless Works represents an important expansion to our portfolio of electric generation assets in the strategic Midwest-Northeast-Mid-Atlantic quadrant of the U.S. With the addition of this new facility to our existing fleet, we're increasing our footprint in a market that accounts for 40 percent of the nation's demand for energy."

Dominion Resources said in its announcement that demand for energy in the region is expected to increase by more than 12,000 megawatts over the next decade. That's 10 more power plants, just like the one they began building yesterday.

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