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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
EU Commission Would Increase Nuclear Insurance Premia
LCG, July 11, 2003--Nuclear operators would be required to increase their insurance coverage for nuclear accidents or environmental damage under rules introduced by the European Union Commission.The changes were put forth to bring the EU into compliance with treaties concerning civilian use of nuclear technology, namely the Paris Convention on Third Party Liability and the follow-up Brussels Convention, both of which were first drafted in the 1960's, but which were updated in response to the 1986 Chernobyl nuclear accident, in which a large radioactive release occurred in the Ukraine.EU countries would have the ability to change their liability laws, in the direction of requiring larger payments by nuclear operators to compensate victims, and to pay for environmental harm. The Paris Convention sets the limit for such compensation payments. Under the newly released plan, governments would also be required to pay more for insurance covering the effects of a nuclear incident.The European nuclear industry, as far as the trade group FORATOM was concerned, is behind the changes, as the new rules do not surpass the treaty provisions. The treaties were updated by the Nuclear Energy Agency, of the Organization for Economic Co-operation and Development.
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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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