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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

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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NERC's New Winter Reliability Assessment Raises Concerns for Elevated Risk of Insufficient Supplies to Meet Demand in Extreme Operating Conditions

LCG, November 19, 2025--NERC yesterday released its 2025–2026 Winter Reliability Assessment (WRA), which concludes "much of North America is again at an elevated risk of having insufficient energy supplies to meet demand in extreme operating conditions." The WRA does state that resources are adequate for normal winter peak demand, but extended, wide-area cold snaps will be challenging.

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Industry News

Enel Green Power and Anheuser-Busch Announce PPA for Oklahoma Wind Project

LCG, September 15, 2017--Anheuser-Busch and Enel Green Power (EGP), the Enel Group's renewables division, announced Wednesday that they have signed a power purchase agreement (PPA) for the energy delivered to the grid and renewable electricity credits (RECs) from a portion of EGP's Thunder Ranch Wind Project. Anheuser-Busch share of the project will be 152.5 MW.

The Thunder Ranch Wind Project is located in Garfield, Kay and Noble counties, Oklahoma. The project will be built in two phases that total 298 MW of electric generating capacity. Project construction began in May, and operations are scheduled to commence by the end of this year. The total estimated project cost is $435 million.

Anheuser-Busch's parent company, AB InBev, joined RE100 and has pledged to secure 100 percent of its purchased electricity from renewable resources by 2025. The wind energy partnership between EGP and Anheuser-Busch will be the beer company's first contracted utility-scale project to start operations in the world.

The president and CEO of Anheuser-Busch stated, "As we strive to bring people together to build a better world, we at Anheuser-Busch are dedicated to reducing our carbon emissions. Helping to grow the renewable energy market is not only good for the environment, it is a strategic business move as we strive for long-term sustainability. Now more than ever, we are excited to lead our company's global effort toward a renewable future and, partnering with Enel, set an industry example of how major companies can help to make a difference in climate change."
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