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News
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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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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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Press Release
2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO
LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).
Market participants are busy preparing for the Congestion Revenue Rights (CRRs) allocations and auctions coming over the next weeks. They should pay attention to the changing system conditions that will impact their ability to acquire new CRRs and greatly affect the value of these products.
The state's energy market is navigating profound changes, from ambitious renewables standards to energy shortages and unprecedented growth in storage.
By performing a detailed market analysis, forecasting the hourly operations of CAISO through rigorous software simulation, LCG was able to determine that congestion patterns will be different than in previous years. For example, prices in the North of the State will not track the prices in the South as closely as they have in previous years. This divergence is due to a number of interrelated factors, including:
- The retirement of many natural gas power plants in the Edison footprint
- Significant transmission outages that will disrupt normal power flow patterns
- New storage and solar
- Limited capacity in the early evenings causing additional imports
Changes in congestion patterns indicate that certain market participants will be at risk when supplying power to locations different than where it is procured -- especially if they do not have congestion hedges or are hedging the wrong paths. Others may benefit greatly.
If you are interested in more information regarding LCG’s CAISO forecasts, please contact julie.chien@energyonline.com or 650-962-9670x110.
About LCG Consulting:
Silicon Valley-based LCG Consulting has been modeling power systems for more than 30 years. In that time, energy market participants and research institutions across the United States and internationally have relied on LCG models for every type of application, from electricity trading, plant siting, asset valuation, transmission planning and testimony support.
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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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