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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

Calpine to Buy Remaining Half of Virginia Cogen

LCG, Aug. 2, 2001Calpine Corp. it had agreed to pay Edison Mission Energy $35 million for the 50 percent equity interest it doesn't already own in a 240-megawatt combined-cycle cogeneration facility located in Gordonsville, Va.

Calpine, which acquired an initial fifty percent equity interest in the facility in 1997, said the transaction is expected to close later this summer, at which time Calpine will assume operations of the plant.

"The Gordonsville facility has a strong track record and will complement our rapidly-growingportfolio in the expansive Southeast power market," said Bob Alff, Calpine senior vice president and head of its Eastern Region.

The Gordonsville plant provides electric power and steam to Virginia Electric & Power Co. and the Rapidan Service Authority under long-term contracts that expire in 2024, the company said.

"We are very pleased with the plant's performance to date, and we believe that we can further enhance its value through our direct ownership and operation of the facility," Alff said.

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