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News
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LCG, May 7, 2026--PJM issued today its Summer Outlook 2026, which forecasts sufficient generation for typical peak demand this summer. PJM states that it is prepared to call on contracted demand response resources to reduce electricity use during times of high system stress.
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LCG, May 6, 2026--Oklo Inc. ("Oklo"), an advanced nuclear technology company, announced today that the U.S. Nuclear Regulatory Commission (NRC) has approved the Principal Design Criteria (PDC) topical report for the Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR), which is currently under construction in Idaho. The PDC topical report establishes a regulatory framework that defines the fundamental safety, reliability, and performance requirements to guide future reactor licensing and design activities, and the approved report should simplify future applications and reduce the need to re-review established material.
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Industry News
Federal Regulators Settle BP Energy Allegations for $3 Million
LCG, July 22, 2003The Federal Energy Regulatory Commission and BP Plc. came to an agreement over BPs alleged electricity market manipulation. In March an investigation by FERC uncovered activity between BP Energy Company and Reliant Resources that allegedly showed manipulation of Western electricity prices during the 2000/2001 energy crisis. FERC staff found that BP staff sold energy to Reliant and then repurchased it in order to influence electricity prices at the Palo Verde hub. While some people find so-called round-trip trades legitimate, BP did respond to FERCs report and noted the trades were inappropriate.According the Commission, BP will pay $3 million to United Way in California and Arizona. BP electricity sales will have to pass FERC review for the next six months. Also, energy trading records, such as reports on trades and copies of trading tapes, will be submitted to FERC.
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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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