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News
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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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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
Enron Executive Urged Legal Review of Partnerships
LCG, Jan. 15, 2002--Enron Chairman Kenneth Lay was urged in August of last year by a senior executive in the company to have a law firm examine the firm's involvement with and accounting practices concerning outside partnerships.The executive, whom the Washington Post identified as Sherron Watkins, vice president for corporate development, worked for Andrew Fastow, the chief financial officer who handled Enron's dealings with the partnerships. In a letter to Lay, Watkins wrote, "I am incredibly nervous that we will implode in a wave of accounting scandals." Watkins also wrote, "is there a way our accounting gurus can unwind these deals now?"The outside law firm of Vinson & Elkins interviewed Fastow following an Oct. 15 request for a legal review covering the concerns raised in the letter, investigators with the House Energy and Commerce Committee determined. The law firm's conclusions were that no further inquiry was needed, due to the awareness of the firm's senior executives of the facts that Watkins had emphasized. The day following the review, Enron announced third-quarter earnings representing $1 billion in losses, and a $1.2 billion reduction in shareholder equity.Rep. W.J. "Billy" Tauzin, R-La., chairman of the House Energy and Commerce Committee, responded to the substance of the letter to Lay by issuing a call for documents covering the same issues as the letter, and those reflecting the internal response to the letter at Enron. John Dingell, D-Mich., the ranking member of the House Energy and Commerce Committee, asserted that "there's pretty strong evidence of insider trading, there's clear evidence of failure to file honest and correct annual reports."Robert Bennett, Enron's Washington attorney, expressed concern that House members were making up their minds before a full investigation of the facts.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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