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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

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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NERC's New Winter Reliability Assessment Raises Concerns for Elevated Risk of Insufficient Supplies to Meet Demand in Extreme Operating Conditions

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

California Public Utilities Commission Extends Self-Generation Incentive

LCG, March 5, 2002-The one-megawatt limit previously assigned to those receiving Self Generation Incentive money from California has been expanded.

Petitioned by Kawasaki regarding its Gas Turbine, the California Public Utilities Commission broadened the size requirements for its Self Generation Incentive program, which doles out $125 million per year to commercial and industrial electricity users.

The Self Generation Incentive Program, effective March of last year, funds customers of PG&E, California Edison, San Diego Gas & Electric, and Southern California Gas Co. in order that they may install wind turbines, fuel cells, internal combustion engines, and other devices, in addition to funding the use of renewable fuel. Previously limited to customers with 1.0-megawatt projects, the program now includes those who use up to 1.5 megawatts.

While maximum size of eligible parties has been increased to 1.5 megawatts, the project incentive will still be scaled according to the first megawatt. Additionally, unused Self Generation Incentive annual funds will now carry over into the following year, and the Corporate Parent Cap Size has expanded to 1.5 megawatts per single project.

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