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News
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LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.
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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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Industry News
Mirant Looking for Partner to Provide Credit Support
LCG, Mar. 6, 2002--The power producer and energy trading company Mirant Corp. is in talks with potential providers of capital to bolster its trading operations.Marce Fuller, Mirant's chief executive, confirmed the talks, which he told a Morgan Stanley-sponsored investor conference are being conducted with commercial banks, investment banks and insurance companies. If a deal is reached by June 30, as Mirant intends, the company would no longer need to support its trading by putting up $500 million of its own capital to provide liquidity.Jeffrey Gildersleeve, an analyst with Argus Research, said, "you're at a disadvantage when you don't have a solid financial backbone. Potential customers might shy away." With its balance sheet under greater scrutiny following the collapse of Enron and retreating from its aggressive development of new power plants, Mirant hopes to improve its credit rating, downgraded to junk status by Moody's in December.If Moody's were to restore the company's credit rating, it would mark an exceptionally fast reversal from the rating service, Fuller noted. While the company's creditworthiness is being monitored closely, in Gildersleeve's opinion, "it has become consensus that Mirant management has been extremely proactive in shoring up its balance sheet and proving its financial strength." One move in that direction was the sale of German utility Bewag AG, a deal worth about $1.2 billion.
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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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