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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
Re-regulation of Energy Derivatives Encounters Opposition
LCG, Mar. 21, 2002--A measure in a bill sponsored by Sen. Dianne Feinstein, D-Calif., that would bring energy derivatives back under regulatory supervision is being opposed by Sen. Phil Gramm, R-Tex. and other Republican senators.Oversight of over-the-counter swaps and trading on electronic exchanges, such as Enron Online, ended with passage of the Commodities Futures Modernization Act of 2000. Gramm, supported in his opposition by Federal Reserve Chairman Alan Greenspan and Treasury Secretary Paul O'Neill, said that a connection between lack of oversight and the collapse of Enron was false. Swaps, often used to substitute fixed price purchases for floating price purchases, are typically used to manage and hedge risk. Trading in derivatives was a highly profitable activity for Enron.Feinstein said in a Senate floor speech, "there is no transparency, no record-keeping and no oversight of trades...We do not know the price of terms for 90 per cent of the energy transactions that take place." She alleged that the Commodity Futures Trading Commission lacks oversight necessary to investigate fully what role derivatives trading might have played during the California power crisis.A letter to Gramm from Greenspan and O'Neill said that reviving oversight of derivatives "could re-introduce legal uncertainties into off-exchange derivatives markets and other markets." They said that derivatives' contribution to risk-management would be harmed by regulation.The Commodities Futures Modernization Act of 2000 was passed with strong assistance from Gramm, the former banking committee chairman. He and his wife, Wendy Gramm, had strong relationships with Enron officials. Mrs. Gramm served on the company audit committee.
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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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