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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

New Brunswick Power Plant to Be Built at Oil Refinery

LCG, Oct. 24, 2003--A 90-megawatt cogeneration plant has been planned by TransCanada Corp. and Irving Oil Ltd., which owns the Saint John, New Brunswick oil refinery.

The two companies envision a tolling arrangement under which TransCanada will own the Grandview cogeneration plant, while Irving Oil would supply natural gas to fuel the plant and purchase both the electricity and heat it generates. The agreement is scheduled for a 20-year period.

The plan was first announced in July 2002, but this week's announcement indicated that construction should begin next month, with operations planned to start before the end of 2004.

Irving Oil's Saint John refinery is the largest in Canada. The company will obtain natural gas for Grandview from the Sable Offshore Energy Offshore Energy Project, next to Nova Scotia.
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