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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

CPUC Approves 150-MW solar-Thermal Project in California

LCG, January 25, 2013--The California Public Utilities Commission (CPUC) approved a power purchase agreement (PPA) for PG&E Corp., the owner of California?s largest utility, to receive power from a 150-MW solar-thermal project in California?s Sonoran Desert.

The developer of the Solar Rice Energy Project is SolarReserve LLC., and the term of the PPA is 25 years, commencing June 1, 2016. SolarReserve originally announced the agreement with PG&E in December 2009.

The solar project will be constructed on approximately 1,500 acres of private land near Blythe. The project will use a concentrated solar power (CSP) design with molten salt storage technology from Pratt & Whitney Rocketdyne.

Thousands of mirrors will focus sunlight onto a central tower containing molten salt, which is heated from 500 to over 1,000 degrees Fahrenheit. When electricity is needed, day or night, the high-temperature molten salt flows into the steam generator, as water is piped in from the water storage tank, to generate steam. After the steam is used to drive the steam turbine to generate power, the steam is condensed back to water and returned to the water holding tank, where it flows back into the steam generator when needed.

Once the hot salt is used to create steam, the cooled molten salt is then piped back into the cold salt storage tank, where it will then flow back up the receiver to be reheated as the process continues.

The molten salt system includes as much as 10 hours of energy-storage capability. The estimated cost is approximately $600 million, and construction may begin early next year, according to the CEO of SolarReserve.

In September 2011, SolarReserve began construction in Nevada on a similar project, the 110-MW Crescent Dunes Project, which is scheduled to be completed late this year.
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