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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

City's Exit Scrubs Scana Power Plant Plan

LCG, Dec. 20, 2000--Scana Corp. said this morning that the Fayetteville (N.C.) Public Works Commission voted Monday to withdraw from contract negotiations with Scana for the construction and joint ownership of a 500 megawatt electric generating facility.

Steven K. Blanchard, general manager of the Public Works Commission, recommended that Fayetteville withdraw from the negotiations unless Scana assume a greater portion of the potential financial risk in the event that the project could not be completed as scheduled. Company officials said the city should bear its proportionate share of the project's financial risks.

"We indicated to the (Public Works Commission) and City Council our belief that this project could be completed on time and on budget, so we are certainly disappointed in Monday's decision to not go forward," said Berry Gibbes, president of South Carolina Pipeline Corporation, Scana's natural gas transmission subsidiary.

"This project was proposed as a 60-40 partnership from the beginning. Unfortunately, the (commission) took a pessimistic view of the regulatory risk and potential time delays, which in the end,affected their confidence," Gibbes said.

The city and Scana announced the project last month. Fayetteville was to have a 60 percent interest in the plant and Scana 40 percent. Scana was to build a $90 million, 106-mile, 16-inch natural gas pipeline into Fayetteville, to fuel the plant and anything else the city had in mind. Yesterday, Scana got a letter saying the deal was off.

Gibbes said Scana would look around for other opportunities.

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