FERC Rejects Oklo Appeal Over PJM Interconnection Queue Removal
Key Facts
The Federal Energy Regulatory Commission (FERC) rejected Oklo’s bid to reverse its removal from PJM’s current interconnection study cycle for a project in Virginia. According to ZeroHedge, the rejection was based on Oklo's failure to provide a workable stability model for the full 750 MW facility, which includes both nuclear and gas units. The company warned that losing its queue position would delay development by more than a year and increase project costs.
The regulatory setback highlights execution risks within the advanced nuclear sector, as Oklo's computer models reportedly demonstrated stability only for the 300 MW fuel-cell portion of the plant. The focus remains on the technical deficiencies that led to the removal. The dispute followed a period of communication breakdowns between the developer and PJM regarding formal deficiency notices and repair rounds for the application.