EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Nevada Power Files Appeal on Pricy Long-Term Contracts

LCG, Apr. 12, 2002--Utility Nevada Power, which had indicated that it could face bankruptcy unless it received approval to recover costs incurred for long-term power purchases, yesterday filed an appeal with the District Court in Carson City to overturn an unfavorable, unanimous rate ruling by Nevada's three-member Public Utilities Commission.

The PUC ruling allowed Nevada Power to recover $485 million out of $922 million requested. Regulators determined that purchases by the utility made during last year's Western power market crisis were imprudent. The utility signed long-term contracts at prices of up to $172 per megawatt-hour.

Nevada Power, which also plans to appeal directly to the PUC for another hearing on the matter, filed the appeal with the District Court in the hopes that it could obtain a judicial order granting its request. Attorneys for intervenors do not see a strong possibility that a judge would be likely to disagree with the commission's findings.

Andrea Smith, a spokesman for Nevada Power said, "we believe the company and community are at risk. We're going to pursue whatever remedies are available to us, and this is one of those remedies." Suppliers and creditors of Nevada Power such as Reliant Energy are seeking their own risk-protection in the form of cash payments, letters of credit or collateral for new power-purchase contracts.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service