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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

Panda Power Funds Dedicates 758-MW Combined-Cycle Facility in Texas

LCG, November 21, 2014-Panda Power Funds dedicated its new, natural gas-fueled, combined-cycle power plant in Sherman, Texas yesterday. Construction on the Sherman Generating Station started in July 2012. The dedication of its sister facility in Texas, Temple I, occurred in late September.

The Sherman and the Temple I facilities both employ a Siemens power island package that is designed to enable the gas-fired combustion turbines to begin producing electricity in 10 minutes and reach full load within 30 minutes. The entire plant is designed to be able to achieve maximum power production in less than 60 minutes. The rapid start-up and ramping are especially of value in Texas, with its ever-growing intermittent renewable electric generating capacity from wind and solar facilities.

Panda Power has a number of projects moving ahead in the United States. In Texas, Panda Power plans to complete another combined cycle block, Temple II, which is scheduled to begin operations next year. Moreover, in August, construction began in Pennsylvania on the Patriot Power Project, a natural gas-fired, 829-MW project that is strategically sited in the Marcellus Shale formation, one of the largest natural gas fields in the world. The project is scheduled to enter commercial operations in mid-2016. In Leesburg, Virginia Panda is planning yet another gas-fired combined cycle plant, the Stonewall Energy Project. This 778-MW project is anticipated to be completed in 2017.
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