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News
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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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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
OPEC Pressures Russia on Oil Production
LCG, March 18, 2002-With a sluggish world demand for oil, OPEC is concerned that Russia, as the world's second largest oil exporter, will not limit its oil production.The International Energy Agency (IEA) changed its forecast for growth in worldwide oil demand from 500,000 to 420,000 barrels per day, 0.55 percent of the world's total of 76 million barrels a day.Russia promised to decrease its first quarter production by 150,000 barrels per day, although exports were reportedly up 940,000 barrels per day in February. OPEC has demanded that Russia continue limiting its oil production in the second quarter, but Russian officials do not want to lose market share or give up revenues that the struggling country needs. Experts say that Russia's mostly private industry may export more oil than reported even if the Russian government vows to limit production. OPEC secretary general Ali Rodriguez and president Rilwanu Lukman could not convince Russian officials to devote themselves to future agreements with OPEC, although Russia avoided rejecting Opecs demands outright.
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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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