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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

Jersey Town Okays Con Edison 500 Megawatter

LCG, Aug. 30, 2001--The power project development unit of Consolidated Edison Inc. said yesterday that it had received unanimous approval from the planning board of the south central New Jersey city of Lakewood for a 500 megawatt peaking power plant to be built in the community.

Con Edison Development said in a news release that its Ocean Peaking Power unit would invest about $220 million in the natural gas-fueled project, which will be built adjacent to a 236 megawatt cogeneration plant owned by another affiliate in Lakewood.

The new peaking plant is expected to operate only during periods of highest demand, or about 1,000 hours per year, the company said.

Con Edison Development said it would begin construction on the plant later this year, but did not venture a prediction of when it would begin commercial operation.

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