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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
Key Enron Unit Lied About Profits, Former Employee Alleges
LCG, Jan. 25, 2002--A former sales director at Enron, Margaret Ceconi, found soon after starting at the company that Enron Energy Services, which made wholesale energy deals with corporations, was making losses on nearly all of its deals, she told Reuters Thursday.After working at Enron for approximately nine months, Ceconi was laid off in a reorganization in mid-2001. Ceconi then sent an e-mail to then-chairman Ken Lay and Enron's board that laid out her concerns that EES' financial statements showed profitability for every quarter, beginning in the fourth quarter of 1999. Her attorney, Demetrios Anaipakos, said there was "a genuine concern on her part that EES had essentially been playing a shell game, window-dressing its own alleged profits."According to Ceconi, the losses were masked by other activity in the wholesale energy business units. "This is common knowledge among all the EES employees and is actually joked about. But it should be taken seriously," she said.A University of San Diego law professor unconnected with Ceconi offered testimony to the Senate Governmental Affairs Committee yesterday that reinforced the sense that Enron made large losses, which were covered up by profits in other areas. Frank Partnoy said he believed, based on "written information, e-mail correspondence and telephone interviews," that revenues from the company's derivatives trading business were used to cover up unprofitable activities.Partnoy said that Enron's profitable use of derivates, financial contracts which are valued based upon prices of commodities or securities, enabled the company to lie to the financial community about its losses from speculation in risky stocks and its failed ventures in retail energy, water and broadband services.He stated that by expertly inflating its billions of dollars in profits from derivatives, the company intentionally created false accounting statements. The professor said that regulation of derivatives and capital markets were necessitated by the role of "auditors, law firms, banks, securities analysts, independent directors and credit rating agencies" in the company's demise.
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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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