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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

Government to Make 'Green' Power Mandatory

LCG, Oct. 5, 2000Stephen Byers, the British secretary for trade and industry, was expected to tell electric companies in the United Kingdom today that they must increase their use of renewable energy sources by almost seven times within 10 years or face stiff fines.

About 3 percent of Britain's power can currently be said to be from so-called renewable sources, and half of that comes from large hydroelectric facilities, which would be excluded under Byers' manifesto.

The proposals would require that the companies increase the portion of their power portfolios represented by wind power, solar energy, landfill gas and small hydro facilities of less than 10 megawatts from a national average of 1.5 percent to 10 percent by the year 2010.

Half of that goal would have to be reached by 2005.

Byers plan, which would replace a modest existing non-fossil obligation, would include a certificate trading mechanism under which companies with a surplus of green generation could sell credits to those with a shortage.

Electricity suppliers unwilling to meet Byers' goals would pay a penalty of 3 pence (about 4 cents U.S.) per kilowatt-hour.

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