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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

Floating Offshore Wind Turbine Shows Promise

LCG, June 20, 2012--Vestas, EDP, Energias de Portugal, Repsol, Principle Power, A. Silva Matos (ASM) and InovCapital recently announced that a Vestas v80 2.0 MW turbine - placed on innovative floating foundation called WindFloat - has been wet-towed to an offshore location approximately 5 km off the Portuguese coast at Agu?adoura and has already produced in excess of 1.7 GWh.

The new, floating foundation enables offshore windfarms to be developed in deep water and avoids the need for heavy lift vessels or piling equipment at sea. For Portugal's first offshore wind turbine, the final assembly, installation and pre-commissioning of the turbine and substructure took place on land in a controlled environment, with the complete system towed into position using simple tug vessels. With the floating foundation, wind farm siting criteria becomes independent of water depth, which will open up new, offshore areas for consideration of wind farms.

Vestas CEO stated, "Vestas has pioneered the wind turbines industry and is continuously striving to find new ways of lowering the cost of energy in offshore wind farm whilst increasing the business case certainty for our Customers. Floating foundations are one of the solutions with the highest potential for harvesting wind power in deeper waters, and the Windfloat project was a highly interesting possibility for us to help explore this area within offshore wind energy. We have been working in close collaboration with EDP and Principle Power on the project and we are very pleased with the successful integration of the turbine and the WindFloat platform. It has been an interesting and valuable experience and we are proud of the satisfactory results achieved so far."

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