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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

Dominion's Cove Point LNG Export Project Achieves Production Milestone

LCG, February 1, 2018--Dominion Energy Cove Point (DECP) announced yesterday that it has begun producing liquefied natural gas (LNG) with its newly constructed liquefaction facility undergoing commissioning in Lusby, Maryland. All major equipment has been operated and is being commissioned following a comprehensive round of testing and quality assurance activities. The facility is expected to enter commercial service in early March.

Shell NA LNG is providing the natural gas needed for liquefaction during the commissioning process and will off-take by ship the LNG that is produced.

Once commissioning is complete, DECP will produce LNG for ST Cove Point, which is the joint venture of Sumitomo Corporation and Tokyo Gas, and for GGULL, the U.S. affiliate of GAIL (India) LTD under 20-year take-or-pay contracts. DECP's liquefaction facility has a nameplate capacity of 5.25 mtpa of LNG.

Dominion Energy Cove Point Terminal is located on the Chesapeake Bay in Lusby, Maryland, south of Baltimore, where it is accessible to transport vessels to export (or import) LNG. The location also has pipeline access to many natural gas supplies, including the Marcellus and Utica shale plays, which are two of the largest natural gas basins in North America.

Construction of the liquefaction facility for export began in October 2014, following more than three years of federal, state and local permit reviews and approvals. With a cost of $4 billion, it is the largest construction project ever thus far for Maryland and for Dominion Energy.

Cove Point was originally built in the 1970's by Consolidated Natural Gas Company, parent of what is now Dominion Energy Transmission, and they partnered with the Columbia Gas System to receive, store and process supplies of LNG from tankers.
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