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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
Gas Costs from Energy Crisis Disputed by California
LCG, May 30, 2003--A filing by California and its major utilities on refunds that they claim they are owed for spot power purchases made during the 2000-2001 energy crisis could result in the amount of potential refunds being adjusted upward by as much as 80%, because of disagreement over whether the gas purchase costs of power suppiers have been justified.The refunds now suggested as a starting point by a judge with the Federal Energy Regulatory Commission total $1.8 billion. California representatives have argued that while the price of gas on the spot market was relatively high during the crisis, generators, some of whom were also gas marketers, need to substantiate costs incurred specifically for generation purposes, rather than those for wholesale gas sales. Risk management mechanisms such as derivatives may also have affected the impact of gas market price fluctuations for the power suppliers.The staff of the FERC has put forth a calculation to reflect generators' costs that is based on production costs in Canada or the Southwest, as well as transportation charges. A May 22 conference that involved generator and California attorneys brought general agreement on that formula, and thus California's argument rests mostly on obtaining proof for generators' costs. FERC has made no indications of its likely decision; filings are under docket EL00-95-045, at www.ferc.gov/Ferris.htm.
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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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