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News
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LCG, November 6, 2025--X-energy Reactor Company, LLC, (X-energy) and the U.S. Office of Nuclear Energy today announced the start of confirmatory irradiation testing at Idaho National Laboratory (INL) to qualify X-energy’s proprietary TRISO-X fuel pebbles for commercial use in the Xe-100 Small Modular Reactor (SMR). (TRISO stands for TRi-structural ISOtropic). This is the first time that TRISO-X fuel pebbles will undergo irradiation testing in a U.S. lab, which is a critical step in meeting requirements set forth by the U.S. Nuclear Regulatory Commission (NRC) for the commercial deployment of advanced reactors that will use the fuel.
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LCG, October 28, 2025--NextEra Energy and Google yesterday announced two agreements that will help meet growing electricity demand from artificial intelligence (AI) with clean, reliable, 24/7 nuclear power and strengthen the nation's nuclear leadership. First, Google signed a new, 25-year agreement for power generated at the Duane Arnold Energy Center, Iowa's only nuclear power facility. The 601-MW boiling water reactor unit was shut down in 2020 and is expected to commence operations by the first quarter of 2029, pending regulatory approvals to restart the plant.
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Industry News
J.P. Morgan Chase and Citigroup Settle Regarding Roles in Enron Debacle
LCG, July 29, 2003J.P. Morgan Chase and Citigroup have agreed to pay nearly $300 million to Enron stockholders and the city and state of New York. J.P. Morgan Chase and Citigroup, the countrys largest banks, took part in transactions with Enron that were by and large legal but still one step short of acceptable. According to regulators, the transactions mislead investors in an intentional manner. J.P. Morgan Chase participated in seven prepays with Enron Corp., loaning roughly $2.6 billion to the company over a course of four years. Citigroup lent Enron $3.8 billion over two and a half years in the same way. The banks prepay arrangements with Enron were routed through a series of corporations, some located offshore. All but two of the multiple trades completely matched one another, having the net effect of Enron being simultaneously a merchant and receiver of exactly the same amount of commodity, but leaving Enron with cash to be paid back to the bank at a particular interest rate. The confusing network of transactions functioned as a quiet loan, unnoticed by Enrons investors. The banks attorneys plead their cases before the Senate Permanent Subcommittee on Investigations last year, insisting that the banks were not responsible for clients behavior and that the transactions were legally sound. The Securities and Exchange Commission and the District Attorney of Manhattan reached the agreement with the banks yesterday. The settlement, while not a trial verdict, implies that the principle of the behavior is as important as its legal authenticity. It shows that bankers, accountants, and lawyers can be held responsible for the action of their clients. J.P. Morgan Chase will dole out $135 million to Enron investors, and Citigroup will pay $101 million. The banks will jointly give $50 million to the city and state of New York. In addition, Citigroup will pay $19 million regarding allegations of manipulative transactions with energy company Dynegy. The banks will also design a new set of standards, including improved oversight, and submit the revised standards to the Federal Reserve. The Securities and Exchange Commission is still conducting investigations into Enron and other companies.
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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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