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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
Utilities Allowed to Borrow for Pre-Payments for Electricity
LCG, Aug. 1, 2003--Utilities will be able to use a low-cost method of financing for electricity purchases that had previously been allowed for just natural gas supplies, based on similar tax treatment by the Internal Revenue Services.Memphis Light, Gas & Water is one of the utilities that had lobbied to have the ability to issue tax-exempt municipal bonds. In this case, power sales of $1.5 billion were made by the Tennessee Valley Authority to the utility at a discount. Sen. Bill Frist, R-Tenn., a supporter of the measure, noted that "Memphis ratepayers will save money for years to come, and TVA will receive needed cash which it can use to further reduce its debt."The utilities had wanted to see temporary regulations be finalized this year, in order to assure a supply of electricity at a low price. The low cost comes about due to the purchase being pre-paid, while the utilities' concern about tax treatment had lain in the possibility that the discount would be viewed as an investment-type gain, due to the yield of the bonds being less than the rate of the discount. Arbitrage regulations govern the investment of bond proceeds by issuers. Probes by the IRS that ended last year did not lead to a determination that any violations had occurred.
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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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