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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

Construction Begins on Ørsted's 420-MW Solar Plus Battery Storage Project in Texas

LCG, November 14, 2019--Ørsted announced yesterday that, following the final investment decision from its Board of Directors, the company has begun construction on its first utility-scale solar plus battery storage project, the Permian Energy Center.

The Permian Energy Center project includes 420 MW of solar PV generating capacity and 40 MW of battery storage capacity. The solar modules will be supplied by Jinko Solar and JA Solar. The project will be built on a 3,600-acre site in Andrews County, Texas, and is scheduled to commence operations in mid-2021.

Ørsted's CEO stated, "We are very excited to be moving ahead with the Permian Energy Center project and to be adding solar plus storage to our rapidly growing portfolio of US onshore assets. With the completion of Permian, Ørsted will have a US portfolio of operating assets that spans the full spectrum of offshore and onshore renewable energy technologies, which we believe is important as we look to offer our customers the most competitive and diverse clean energy solutions into the future."
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