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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

Algonquin Power & Utilities Corp. Announces Joint Venture Agreement with RES Americas for Michigan Wind Project

LCG, October 20, 2015-Algonquin Power & Utilities Corp. yesterday announced a joint agreement with Renewable Energy Systems Americas Inc. (RES Americas) to develop the 150-MW Deerfield Wind Energy Project in central Michigan. The project, which is currently under construction, is scheduled to commence commercial operation at the end of 2016.

The Deerfield Wind Energy Project is located on the Thumb of the Lower Peninsula of Michigan, and the site includes approximately 20,000 acres of leased land. The project will use 44 Vestas V110-2.0 wind turbines and 28 Vestas V110-2.2 turbines. The annual generation is projected to be 555.2 GWH. The estimated total project cost is approximately $303 million.

The power generated by the Deerfield Wind Energy Project will be purchased by Wolverine Power Supply Cooperative, Inc., a local electric distribution utility, under a 20-year power purchase agreement (PPA).
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