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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

International Power Plans 580 Megawatt Long Island Plant

LCG, June 26, 2001International Power Plc, the British global energy company formed from the breakup of National Power, said this morning it has applied to New York state regulators for permission to build a 580 megawatt natural gas-fueled, combined-cycle power plant in Brookhaven on Long Island.

The company said the New York State Board on Electric Generation Siting and the Environment will have 60 days to determine whether the application is complete and, if it is, another year to reach a final decision on the plant.

Under this schedule, International Power said it hopes to begin construction of the Brookhaven plant in the second half of 2002 and have the plant ready for commercial operation in late 2004.

"Brookhaven will provide 580 megawatts of clean and affordable new generating capacity to the supply constrained Long Island power market where electricity prices are high and power plant siting is very difficult," said Peter Giller, International Power's chief executive.

The New York Independent System Operator has estimated that 8,600 megawatts of new generation is required in the State by 2005 to avoid higher prices and the possibility of unreliable supplies. Presently, only about 1,700 megawatts of new capacity is under construction in New York.

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