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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

Atlantic Wind Connection Files Application to Support Offshore Grid for Wind Power

LCG, April 1, 2011--Atlantic Wind Connection (AWC) filed a right-of-way application yesterday with the Department of the Interior's Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) to support plans to construct an underwater electric transmission system designed to transmit up to 7,000 MW of power from offshore wind turbines to the transmission grid, with four planned connections ranging from near Norfolk, Virginia up to Delaware, plus interconnections in southern and northern New Jersey.

Trans-Elect (affiliated with the project) filed an application with the Federal Energy Regulatory Commission (FERC) for approval to construct system last December. The target schedule for the project is to receive regulatory approvals and project funding by 2013. Construction could then commence, with the first phase of construction completed in 2016 and the entire, 350-mile project completed by 2020. The estimated project cost is approximately $5 billion.

The project plans to use High Voltage Direct Current (HVDC) technology to create the off-shore, transmission backbone. The project is designed to be scalable so that it can be expanded to receive energy from additional off-shore wind projects.

The project investors are Good Energies, Google and Marubeni.
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