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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

New York Power Authority Stops Pursuing the Great Lakes Offshore Wind Project

LCG, September 29, 2011--The New York Power Authority (NYPA) Board of Trustees voted to terminate the process without awarding a contract to develop the proposed Great Lakes Offshore Wind Project (GLOW). The evaluation the proposals indicated the project was technically feasible; however, the cost for the 120-MW to 500-MW project proposals would have been two to four times greater than land-based wind.

NYPA estimated that development of a 150-MW GLOW project would have resulted in an estimated annual subsidy ranging from $60 million to $100 million. The subsidy and the current economic conditions were the reasons for the Trustees' action.

"While deciding not to proceed with GLOW, the Power Authority will continue its commitment to developing and implementing wind and other clean alternative energy sources to produce emissions-free power for the benefit of New Yorkers today and for future generations," said Gil C. Quiniones, acting president and chief executive officer, NYPA. "The Power Authority's participation in the evaluation of the LI-NYC Offshore Wind Project and in the regional efforts of such organizations as the Great Lakes Commission and the Great Lakes Wind Collaborative shows NYPA's dedication to affordable and environmentally-sound development of future offshore wind projects in New York State waters."

NYPA, together with Con Edison of New York and the Long Island Power Authority, is continuing to evaluate the LI-NYC Offshore Wind Project in the Atlantic Ocean off the southern coast of Long Island.
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