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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.

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NERC's New Winter Reliability Assessment Raises Concerns for Elevated Risk of Insufficient Supplies to Meet Demand in Extreme Operating Conditions

LCG, November 19, 2025--NERC yesterday released its 2025–2026 Winter Reliability Assessment (WRA), which concludes "much of North America is again at an elevated risk of having insufficient energy supplies to meet demand in extreme operating conditions." The WRA does state that resources are adequate for normal winter peak demand, but extended, wide-area cold snaps will be challenging.

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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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