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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
Enron's Former CFO Andrew Fastow in Plea Deal
Jan. 14, 2004--Federal prosecutors, Andrew Fastow, former chief financial officer of Enron Corp., and his wife, Lea Fastow, have reached agreements on guilty pleas and prison terms to be served by the Fastows that bypass the need for full-blown trials.Fastow gave a statement in which he said of partnerships that he organized, that he "and other members of Enron's senior management fraudulently manipulated Enron's publicly reported financial results. Our purpose was to mislead investors and others about the true financial position and Enron and, consequently, to inflate artificially the price of Enron stock and maintain fraudulently Enron's credit rating."While the 42-year-old could have served as much as 25 years based on a 98-count indictment, the deal with the Justice Department means that he will serve a sentence of 10 years based on two criminal charges, and hand over $29 million in penalties. Lea Fastow will serve a minimum of five months, up to sixteen months, for a criminal tax charge.Mr. Fastow is said to have already provided officials with evidence that implicates Jeffrey K. Skilling in having participated in certain accounting decisions, although the nature of the behavior is not yet clearly grounds for prosecution.It is possible that Skilling, the former chief executive, could be charged in a few weeks, given that the development of the government's investigation has been built on other plea deals, involving less senior executives such as Michael J. Kopper, who supported a case against Fastow.The top Justice Department official within the Enron Task Force, Leslie Caldwell, said of Fastow, "Whatever knowledge that he has of who did what and who knew what at Enron will now be our knowledge."
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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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