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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

Nevada Utilities Contract for 50-MW Solar Plant

LCG, December 23, 2002--Power purchase agreements have been signed by two Nevada utilities, Nevada Power and Sierra Pacific Power, for output from a planned 50-megawatt solar plant to be built by Duke Solar, a Duke Energy affiliate.

Nevada Power has contracted for about two-thirds of the plant's generation, while the remaining third will go to Sierra Pacific Power. Duke has indicated that the facility, near Boulder City, will start operation in March 2005. The price at which at the power would be purchased was not revealed.

The purchases follow a half dozen contracts for 227 megawatts of wind and geothermal power, based on a state requirement next year that five percent of Nevada utilities' sales be from renewable sources. Next year's requirement will not be met by the utilities. By 2005 and 2006, however, the corporate parent of Nevada Power and Sierra Pacific Power, Sierra Pacific Resources, should meet and then surpass the requirement, which is due to increase to 15 percent by 2013.

The plant to be built will heat oil by using parabolic troughs lined with mirrors. The oil will then heat water for use in a steam turbine.
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