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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 Buys Out Bechtel in NorCal Projects

LCG, Nov. 7, 2001--Calpine Corp. said yesterday it has acquired the 50 percent interest of partner Bechtel Enterprises in three power plant projects in the San Francisco Bay Area. Calpine paid $154 million in cash and assumed about $141 million in cash to add a little more than 1,000 megawatts of owned generation.

That power isn't ready for delivery as yet. The three projects are:

  • The 880 megawatt Delta Energy Center in Pittsburg, in the northeast Bay Area near the mouth of the Sacramento River. The plant is under construction and is expected to begin commercial operation next spring.

  • The 600 megawatt Metcalf Energy Center in south San Jose. The project was recently licensed by the California Energy Commission and is expected to be in operation by the end of 2003.

  • The 600 megawatt Russell City Energy Center in Hayward, across the bay from Palo Alto. The project is under development and is currently being considered for licensing by the Energy Commission. If approved, Calpine hopes to have the plant on-line by the summer of 2004.

"Calpine intends to have 12,000 megawatts of clean, efficient generating capacity on line in the California market within the next five years," according to Rick Thomas, vice president for finance and development. "Today, our California portfolio includes approximately 9,800 megawatts of natural gas-fired and geothermal facilities in operation, under construction and in announced development."

Bechtel isn't getting out of the power business in which it has played a major role since the mid-1940s. Doug Brown, vice president and manager of power development said "We intend to continue to play an active role in the California power generation market, by investing in the state's energy infrastructure, and helping them meet their growing energy and fuel supply needs."

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