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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

Duke/Fluor Daniel to Build Calpine Oklahoma Plant

LCG, Aug. 1, 2001--Duke/Fluor Daniel said yesterday it has been awarded a contract by Calpine Oneta Power, L.P., to provide engineering, procurement and construction services for a 1,150-megawatt, combined-cycle, natural gas-fired power plant in Coweta, Okla.

Duke did not disclose the value of the contract, though the entire project has been estimated at $500 million. The facility is scheduled to begin commercial operation early next summer and is currently on target to meet that goal, the company said.

"Two aspects of this contract stand out," said Jeff Faulk, president and chief executive of Duke/Fluor Daniel. "It is our first opportunity to work with Calpine Corporation widely regarded as a leading independent power producer. Second, as part of the overall contract, we have effectively combined Calpine's procurement requirements, preferred suppliers and commissioning capabilities with (our) contracting capabilities."

Doug Kieta, Calpine's senior vice president for construction, chimed in "This contract represents a significant step forward for the project, and such projects represent significant progress in meeting fast-growing energy demand in the United States."

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