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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
FERC Holds Hearing over Contested Nevada Power Contracts
LCG, April 24, 2003The Federal Energy Regulatory Commission will determine whether or not to use recent market reports in deciding the fate of long-term power contracts in Nevada. At the end of last year, a FERC administrative law judge suggested filings by Western states be thrown out because market manipulation effects were not significant enough during the Western power crisis to warrant the rewriting of contracts. Nevada Power, along with municipal utilities from Washington and California, complained that their long-term contracts to purchase power were unfairly costly since they were made at a time when electricity prices were possibly falsely inflated. The contracts in question were made with Enron Corp., El Paso Corp, BP Plc, Allegheny Energy, and Mirant Corp. The legal climate changed when FERC staff released a report March 26 that detailed widespread market manipulation during the California power crisis of 2000/2001. Now utilities want to bring the FERC report into consideration regarding the decision over whether or not to rewrite contracts. Energy companies find the request unreasonable and believe that FERC should not protect utilities from bad decisions such as signing costly contracts. They warn that a legal outcome in favor of the utilities may have serious and devastating effects on Western energy markets, especially in terms of new investment. Utilities find that in desperation they were forced into expensive contracts because of serious lack of capacity and high prices, and many have asserted that their customers are suffering because of what they say are high costs resulting from fraudulent behavior. Utilities also noted that FERC advised utilities to sign long-term contracts during 2001 in order to avoid astronomical short-term electricity prices. FERC is also reviewing contracts made by Washington municipal utility district Snohomish and Southern California Water Company, and heard arguments yesterday.
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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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