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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

Babcock & Wilcox Accelerate Search for Investors in Small Modular Reactor Development

LCG, November 14, 2013--Babcock & Wilcox (B&W) announced its decision to accelerate the search for additional equity partners for its mPower small modular reactor (SMR) program. The goal is to add new partners ready to fully participate in the mPower SMR licensing and other pre-construction activities to deploy the initial mPower Plant by 2022, which is the schedule for the mPower America Project with the U.S. Department of Energy (DOE).

In April, B&W announced that its subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the DOE signed a Cooperative Agreement for funding from the DOE's SMR Licensing Technical Support Program to support the development and licensing of B&W's mPower technology.

B&W's mPower technology is based upon a 180-MW, integral pressurized water reactor design that uses a fully underground containment structure. With the Cooperative Agreement, the DOE provided approximately $79 million to the B&W mPower program. The DOE allocated an additional $20.5 million in August to the mPower program.

The mPower America team is comprised of B&W, the Tennessee Valley Authority (TVA) and Generation mPower. B&W mPower and Bechtel (who together formed Generation mPower LLC) provide licensing and engineering support for the mPower America Project.
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