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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

ABB Wins Transmission Contracts in Brazil

LCG, June 15, 2001ABB, the Swiss-Swedish global energy service company, said yesterday it has been awarded contracts worth about $300 million to build transmission systems with a combined length of around 800 miles in Brazil.

The order stems from a concession agreement granted by Brazil's Federal National Electric EnergyAgency to a consortium of power developers. The concession gives the developer consortium the right to build, own and operate two power lines northern and northeastern Brazil to increase the transmission capacity of the national power grid.

"Upgrading and extending the network will significantly improve Brazil's power reliability," saidRichard Siudek, executive vice president and head of ABB's Utilities division. "We will use ourexperience with interconnections in Brazil to rapidly implement this important project."

ABB said it will design, procure and construct all transmission line components, including six 500 kilovolt substations and reactive power compensation equipment. Many of the projects' components will be manufactured at ABB plants in Sao Paulo and Minas Gerais, the company added.

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