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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
PJM Completes Financial Transmission Right Auction
LCG, May 23, 2003--The PJM Interconnection announced that it has finalized annual auctions of financial transmission rights for the first time, allowing customers to choose among 24-hour, on-peak and off-peak FTR's.The auction included the offering of all FTR's on the regional transmission organization's system. When a market participant holds an FTR and does not exceed the reserved transmission service with its deliveries, it can receive a rebate for congestion charges. An option was also introduced, to negate risk that arises when congestion is created in the direction opposite that of the FTR. A holder of a FTR can be charged for any congestion charges in these cases. The revenues and charges will rise and fall according to differences in locational marginal prices across a transmission path due to congestion.The auction process was initiated following the allocation of auction revenue rights (ARR's) to firm transmission service customers. The allocation takes place on the basis of any shifts among retail choice customers, and according to ARR holders' preference between receiving revenues from the FTR auction or converting an ARR into an FTR.The auction resulted in revenue of $345 million, through four rounds held between April and May, with 600,000 bids cast for 55,000 megawatts of FTR's, including the option product. Remaining FTR's will be auctioned off on a monthly basis.
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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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