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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

PSEG to buy 35 Percent of Polish Power Plant

LCG, Aug. 31, 2001--U.S. utility holding company Public Service Enterprise Group Inc. said yesterday that it will take a 35 percent interest in Elektrownia Skawina, a coal-fired power plant that supplies a fifth of the power needs of the Krakow area in Poland.

"We are expecting to sign a deal around September 15," said George Holoyda, manager of PSEG's Polish unit. The Polish treasury said it would likely sign a sales agreement with PSEG by the end of September.

PSEG, which will pay $25 million for its share of the 590 megawatt plant, beat out rival bids from French utilities Electricit de France and Snet. Under terms of the purchase, the American company will be allowed to increase its stake to more than 50 percent by investing in the facility.

Skawina is the last of Poland's conventional power plants to be sold under the country's privatization program, which is expected to be completed in 2005. Three cogeneration plants and one electric distribution firm remain to be sold this year.

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