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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
Midwest ISO Projects Savings with New Market Design
LCG, July 1, 2004--The Midwest Independent Transmission System Operator, Inc. (Midwest ISO) announced that it has completed an analysis of the projected cost savings that will result from the implementation of a new market design and congestion management system. Ron McNamara, Vice President of Regulatory Affairs and Chief Economist for the Midwest ISO, stated, "Our analysis projects that the introduction of centralized security-constrained economic dispatch using Locational Marginal Pricing will result in annual gross production cost savings of approximately $255 million throughout the Midwest ISO region. Furthermore, the implementation of regional dispatch will allow for more efficient use of the existing transmission and generation assets, which should not only lower spot energy prices, but also put downward pressure on prices in bilateral contracts, resulting in a potential annual gross savings of approximately $713 million to energy consumers." The announcement follows recent testimony submitted by Mr. McNamara to the Federal Energy Regulatory Commission (FERC).The Midwest ISO is scheduled to introduce the new market design and congestion management system on December 1, 2004 and to run systems in parallel operations for testing by market participants. The new market design is targeted to officially commence operations on March 1, 2005. The new market design follows the direction set by the FERC in its Order 2000 and the FERC's subsequent issuance of the Wholesale Power Market Platform in April 2003. The market design is similar to that already in use by PJM, ISO New England, and the New York ISO, and planned for implementation by the Electric Reliability Council of Texas (ERCOT) in late 2006 and by the California ISO in early 2007.
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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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