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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

Presidential Permit Issued for Montana Alberta Tie Ltd. Project

LCG, November 18, 2008-- Tonbridge Power Inc. yesterday announced that the Department of Energy (DOE) and the Office of Electricity Delivery and Energy Reliability (OE) published its Record of Decision to issue a Presidential Permit for the proposed Montana Alberta Tie Ltd. (MATL) transmission line project that will provide the first, direct link from Alberta to electricity markets in the United States.

The Presidential Permit allows MATL to construct, operate, maintain and connect a single-circuit, 230-kV electric transmission line along the preferred alternative route identified in the EIS. According to Tonbridge, the Presidential Permit is the last and final regulatory approval required by MATL to build the power transmission line.

The international line will extend northward from an existing NorthWestern Energy (NWE) 230-kV switchyard at Great Falls, Montana to a new substation to be constructed northeast of Lethbridge, Alberta, Canada. The new line is expected to enhance the development of wind farms along its route. Approximately 130 miles of the 203-mile long transmission line will be built in the United States.

When the project is complete, the line will have a bidirectional path rating of 300 MW. Two "Open Season" capacity auctions occurred for this merchant power transmission project, and 300 MW of northbound and 300 MW of southbound capacity were awarded. The line has a physical capacity of 650 MW to enable future capacity upgrades.

Tonbridge Power is the 100% controlling shareholder of the project.
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