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PJM Reports Resources Are Adequate to Meet Growing Summer Demand

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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NRC Approves Oklo's Principal Design Criteria Topical Report for Aurora Powerhouse

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

Virginia SCC Authorizes AEP to Join PJM

LCG, August 31, 2004--The Virginia State Corporation Commission (SCC) yesterday authorized American Electric Power's (AEP) subsidiary, Appalachian Power Company (APCo), to transfer control of its transmission assets to the PJM Interconnection (PJM), with the implementation planned to occur October 1, 2004. Although PJM will control the transmission system, APCo retain ownership.

State law requires Virginia electric utilities to accomplish such transfers by January 1, 2005, subject to approval of the SCC. In its order, the SCC stated, "...PJM represents one of the best, if not the best, available RTE (regional transmission entity) models and is the only feasible option at this time for AEP-VA to satisfy the requirements of the Restructuring Act."

In the order, the SCC addresses the cost/benefit studies presented and concludes, "Witnesses for both the Company and the Staff agree that AEP-VA's integration into PJM can be expected to have a de minimis impact on the Company's net costs and benefits....We agree that the cost/benefit studies do not establish a significant economic detriment. Accordingly, based on the evidence in this case and the Stipulation, we find that the Restructuring Act requires our approval of the Application.

The following terms and conditions were part of the stipulation accepted by the Commission:

1. APCo will not attempt to recover any administrative, congestion, or increased costs for ancillary services associated with the transfer except through a base rate case that requires SCC approval.

2. APCo customers will receive a modest monthly credit (about $2.40 annually for residential customers) on their electric bills beginning January 2005 to reflect a share of projected benefits from APCos integration into PJM.

3. APCo and PJM are required to provide various annual reports intended to assist the SCC with monitoring electricity transactions, transmission reliability, and congestion pricing in the PJM market and their respective impacts on APCo customers in Virginia.

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