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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

Bidding Process for Enron's Plant in India Takes Form

LCG, Jan. 21, 2002--Companies interested in bidding on Enron's $2.9 billion Dabhol power project in India's state of Maharashtra are said to have until March 14th to submit offers.

The plant is jointly owned by Enron, which retains 65 percent; General Electric and Bechtel each have 10 percent, and Maharashtra State Electricity Board holds 15 percent. The bidders include three foreign companies and three Indian companies, the foreign companies being Royal Dutch/Shell, European oil major TotalFinaElf, and the French government-owned Gaz de France. All will have access to a data room in London containing operating information and contractual agreements relating to the installation by early February.

The bidding process is being overseen by the Industrial Development Bank of India and the Overseas Private Investment Corporation, a US agency that insures ventures by U.S. firms in "risky" regions. A pre-bid conference is expected to take place in late February to give background information that could affect the value of the plant.

The first phase of the project, with a capacity of 740 megawatts, was to have been followed by a 1,444-megawatt second phase, but delinquency in payments for power by the state electricity board was followed by a halt to further construction.
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