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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

NRC Chairman Talks of Nuke Renaissance

LCG, April 27, 2001Chairman Richard Meserve of the U.S. Nuclear Regulatory Commission told reporters yesterday that most, if not all, commercial nuclear energy companies plan to keep their plants running beyond their initial 40-year licenses.

He added that he would not be surprised if some nuclear power plants abandoned for economic reasons in the 1980s were reconsidered for completion, even though the NRC licensing process would likely have to begin over for such facilities.

"Perhaps the most startling recent development is the growing industry interest in the construction of new nuclear plants," Meserve said, although he said he had heard of no specific plans for a new nuclear power plant.

The NRC has already approved 20-year license extensions for five reactors belonging to two utilities, Meserve said, and has on file applications for license renewals for another 34 reactors.

"We now expect that between 85 percent and 100 percent of the existing nuclear plants will seek license renewal," Meserve said. "It is even possible that we may receive an application to conclude certain reactor projects that were suspended for economic reasons in the 1980s."

Meserve, a Democrat appointed by President Clinton a year and a half ago, said he expected the current administration's energy task force, headed up by Vice President Dick Cheney, will endorse nuclear energy as an essential part of the nation's energy mix.

As for the NRC, there has been talk of "streamlining" procedures to permit "fast track" approval of license extensions. The process will still take anywhere from two years to two and one-half years, Meserve said. "We have to be satisfied that if we allow an extension, there will not be a reduction in safety," he said. "If they don't meet the criteria, we're going to reject the application."
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