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News
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LCG, March 17, 2026--Oklo Inc. (Oklo) today announced that it has signed a U.S. Department of Energy (DOE) Other Transaction Agreement (OTA) to support the design, construction, and operation of Oklo’s first reactor, the Aurora powerhouse at Idaho National Laboratory (INL) under DOE’s Reactor Pilot Program (RPP). The DOE Idaho Operations Office subsequently approved the Nuclear Safety Design Agreement (NSDA) for the fast-fission power plant, and Oklo immediately requested DOE commence review of its Preliminary Documented Safety Analysis (PDSA).
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LCG, March 13, 2026--The Southwest Power Pool (SPP) announced yesterday that leaders from the participating organizations voted unanimously to proceed as planned with expanding its regional transmission organization (RTO) services into the Western Interconnection. SPP sees the decision to proceed as planned as a strong signal of confidence as SPP and its partner utilities prepare for this key milestone, which will occur overnight between March 31 and April 1.
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Industry News
FERC Threatens Trading Licenses of Energy Companies
LCG, June 5, 2002--Today the Federal Energy Regulatory Commission (FERC) warned that the trading licenses of four companies were in jeopardy due their lack of cooperation in an electricity market investigation. Williams Cos. Ltd., El Paso Electric, which is independent of El Paso Corporation, Avista Corp., and Portland General Electric Co. were ordered to "show cause why the commission should not revoke their market-based rate authority" within ten days. According to FERC, the companies failed to properly respond to an order requiring that they state whether or not they had participated in manipulative market practices.FERC's order, signed by three commissioners, said that the four energy traders' responses were "indicative of a failure by these companies to cooperate with our investigation."Williams was told that it did not answer the original order in a straightforward manner, a statement that Williams contests.Over 100 companies are under scrutiny in FERC's investigation, which came after memos were released relating Enron trading strategies to market manipulation. The Enron strategies in question include "ricochet," which called for selling electricity out-of-state prior to selling it in-state for the purposes of avoiding price caps and increasing profit.FERC asserts that trading records from Portland General link that company and Avista to manipulative practices and that trading between the companies were "designed to further the Ricochet and Death Star trading strategies."Although a public memo refers to $7.3 million in joint revenue between El Paso Electric and Enron, El Paso claimed a mere ball-park $700,000 in its affidavit to FERC and ignorance to any Enron actions taken on its behalf, which FERC asserts is "simply not credible."Stocks of the four companies are seeing negative effects from the FERC order.
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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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