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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 Power to Add 640 Megawatts for Native Load

LCG, Aug. 10, 2001--Regulated utility Duke Power Co. said yesterday it has selected a site in Cherokee County, S.C., for its newest energy facility, a 640 megawatt, natural gas-fired power plant which is expected to cost about $300 million.

Duke said it plans to begin building the new facility in January and has penciled in the Summer of 2003 for the start of commercial operation.

"The Mill Creek power plant will be a tremendous asset as we continue providing reliable, competitively priced electricity to our two million customers in North Carolina and South Carolina," said Duke Power President Bill Coley. "Over the last five years we've added almost 300,000 new customers," he said. "We have an adequate supply of electricity today, but we see the need for new peaking generation to support the region's economic growth."

South Carolina state officials were delighted with Duke's investment in their state and with efforts of local governments to seek out investment in their communities.

"As this region grows, community and business leaders must reach out beyond their boundaries to achieve the next level of growth for their area," Governor Jim Hodges said. "We are pleased that Cherokee County took the steps needed to make this a reality."

Duke said the eight-unit, combustion turbine plant is designed to operate as a "peaking" plant, providing electricity primarily during the periods when customers' use of electricity is at its greatest.

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