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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

Capacity Being Added at Florida's Hines

LCG, Mar. 28, 2002--The second phase of construction at Florida Power's Hines Energy Complex is beginning today, and will add a second gas-fired, combined-cycle plant.

The new plant will have a capacity of 495 megawatts, and is expected to start producing power in November 2003. "We serve a state with one of the highest growth rates in the country," commented Bill Habermeyer, president and CEO of Florida Power, the regulated utility. The original, 482-megawatt plant, Hines 1, started operations in 1999. The Hines Energy Complex is located in Polk County, Fla.

During the approval process of the combined-cycle generating units at Hines by the Florida Public Service Commission in 2000, a staffer suggested that Florida Power be allowed to recoup its capital and operating costs plus a given rate of return for the first five years of the project, rather than over a 30-year period.
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