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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

Cinergy to Resume Development of 130 Megawatt Indiana Peaker

LCG, April 25, 2001--Cinergy Capital & Trading Inc., the merchant power unit of utility Cinergy Corp., said yesterday it has received approval from the Indiana Utility Regulatory Commissionfor construction of a 130 megawatt gas-fired electric peaking facility near Cadiz, northeast of Indianapolis.

The commission had halted development of the project in March 2000, but Cinergy said construction would restart "promptly" with the first units scheduled to be on line this July. Total cost of the project will be around $70 million.

Indiana regulators placed several conditions on their order. The facility must be operated only with natural gas and should be landscaped so that its appearance is similar to other non-residential facilities in the area, and Cinergy will have to make sure the plant doesn't cause any problems with its neighbors' well-water.

Cinergy said 50 megawatts of the plant's output will be sold under a 20-year contract to the Wabash Valley Power Association and the balance will be sold into the regional wholesale market.

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