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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 Coal-fired Power Plant Announced for Oklahoma

LCG, July 20, 2006--A group of electric utilities Tuesday announced plans to build a new, 950-MW electric generating plant in north-central Oklahoma. The project will be a joint venture of American Electric Power-Public Service Company of Oklahoma (AEP), Oklahoma Gas & Electric Company (OG&E) and the Oklahoma Municipal Power Authority (OMPA). The estimated cost of the new facility is $1.8 billion.

The new electric generating unit will be located adjacent to OG&E's existing coal-fired Sooner Power Plant near Red Rock, Oklahoma. The single new unit will be used to meet the growing demands for electricity in Oklahoma. The percentage ownership of the plant for AEP, OG&E and OMPA will be 50 percent, 42 percent and 8 percent, respectively. The new unit will be operated by OG&E and will burn low-sulfur coal from the Powder River Basin in Wyoming.

The utilities are pursuing the joint venture to reduce costs through economies of scale and through building a single unit. The project is contingent upon successful contract negotiations and regulatory approvals, including from the Oklahoma Corporation Commission. According to OG&E, the project will be the first to use provisions of Oklahoma House Bill 1910 - which was signed into law last year - that allows utilities to seek pre-approval of such projects before taking on the burden of such a large expense.

Project construction could start in 2007, and operations are scheduled to commence by the summer of 2011.
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