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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

Southern Power Announces Joint Development Agreement with RES to Install 3,000 MW of Wind Capacity

LCG, January 4, 2017--Southern Company subsidiary Southern Power Friday announced a joint development agreement with Renewable Energy Systems Americas Inc. (RES) to develop and construct wind farms across 10 projects totaling approximately 3,000 MW of new electric generating capacity. The commercial operation dates for the new capacity spans between 2018 and 2020.

Southern Power also announced that it has signed agreements to purchase wind turbine equipment from both Siemens and Vestas to support the planned installations.

Southern Power's President and CEO stated, "Southern Power has a long-standing history of partnering with major equipment manufacturers and developers while growing one of the nation's largest wholesale green energy portfolios. We now have priority access to a robust, visible development pipeline and a supply chain for turbines from two premier technology providers, reinforcing our focus on wind energy investments over the next several years."

The wind turbine equipment purchased from both Siemens and Vestas will be used to secure current tax benefits for the identified projects. RES will serve as the lead developer and balance-of-plant provider for the projects that are expected to use the equipment. This strategic arrangement allows for Southern Power to serve as co-developer for future projects.

As of December 22, 2016, Southern Power owns over 1,170 MW of wind generating capacity at seven facilities operating or under development in Maine, Oklahoma and Texas.
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