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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

330 MW Plant To Be Built in New Jersey

LCG, Jan. 21, 2002--An affiliate of Consolidated Edison Development has contracted with Jones Lockwood Greene for engineering, procurement and construction services related to a 330-megawatt plant to be sited in Lakewood Township, New Jersey.

The plant, Ocean Peaking Power, will be a neighbor to Consolidated Edison Development's Lakewood Cogeneration facility. The facility will be developed using GE Frame 7FA gas turbine generators, and simple-cycle technology. The planned configuration is to include two generator sets, with the possibility of a third.

The project is worth $40 million, with a planned completion date of December 2002. Con Edison Development is a wholly owned subsidiary of Consolidated Edison, Inc., and is a New York City-based company that invests in energy infrastructure development projects.
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