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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

NRG Takes 50 Percent Interest In Conoco Power Project

LCG, Nov. 27, 2000--Conoco Global Power, a power plant developer subsidiary of oil company Conoco Inc., said this morning that NRG Energy Inc. would take a 50 percent interest in a Texas cogeneration plant under development.

NRG will buy into Conoco's 420 megawatt natural gas-fueled SRW Cogeneration project now under construction at the Sabine River Works pertrochemical facility owned by DuPont Co. near Orange, Texas.

Alan Williams, a vice president of NRG South Central Generating, said "The Sabine River Works project offers us an opportunity to diversify into gas-fired generation, the most efficient power generation available."

Electricity and all the steam generated by the power plant will be sold to the DuPont SabineRiver Works plant. Electricity also will be sold to PG&E Energy Trading - Power, a subsidiaryof PG&E National Energy Group. Additional electricity will be sold on the regional wholesale market.

Bechtel Energy Corp. is about halfway through building the cogenerator, according to Conoco, and the facility should begin commercial operation next summer.

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