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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

Bulgaria to Sign $1.4 Billion Deals with AES, Entergy

LCG, June 1, 2001The Bulgarian cabinet has approved signing two power contracts with U.S. energy firms Entergy Corp. and AES Corp., Prime Minister Ivan Kostov told a news conference yesterday. The combined value of the deals is more than $1.4 billion.

"With today's decision of the cabinet the procedure for signing the two deals has been opened," Kostov told reporters.

One of the projects will be an upgrade of an 840 megawatt coal-fired power plant near Maritsa in southeast Bulgaria, to be undertaken by Entergy as a joint venture with Bulgaria's National Electricity Co. In the other project, a joint venture between the national Electricity Co. and AES will build a new 670 megawatt coal-fired power plant, also near Maritsa.

The Maritsa sites are located in the richest lignite-producing region of the Balkans. Thirty percent of Bulgaria's electricity is generated in the area.

Kostov said the two projects will bolster Bulgaria's position as the main producer and exporter of electric power in the Balkans.

The contracts are expected to be signed within the next two weeks and construction should begin in September or October, according to Ivan Shilyashki, head of Bulgaria's state energy agency.

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