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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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Press Release
Workshop on Valuing Congestion Revenue Rights in the California MRTU
For immediate release. LCG Consulting will host a workshop covering methodologies for valuing Congestion Revenue Rights (CRR) in the Californian electricity market.
Date: September 9, 2009
Venue: Stanford University
The Market Redesign and Technology Upgrade (MRTU) launched by the California Independent System Operator (CAISO) on March 31, 2009 brought comprehensive changes in the way power markets are operated in California. Wholesale power is now offered at thousands of locations throughout the CAISO network, presenting participants with a new set of opportunities in conjunction with associated risks.
The key financial product with which market participants can arm themselves in this locational marketplace is the Congestion Revenue Right (CRR). CRRs can be used to protect existing positions and to create new opportunities.
Because there is very little history behind this product, the level of sophistication needed to effectively manage CRRs in these markets is lacking. This workshop will facilitate a discussion between market participants on this topic and cover some advanced techniques for effective CRR valuation.
For more information on this event, please refer to the following link. CRR Workshop
Staff Contact:
Madeline Chen
1-650-962-9670 ext. 111
mchen@energyonline.com
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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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