EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

AmerGen Loses Bid for Vermont Yankee Nuke

LCG, Feb. 16, 2001The Vermont Public Service Board has rejected the latest offer by AmerGen Energy Co. to purchase the 510 Vermont Yankee nuclear power plant near Brattleboro, Vt., saying the company's offer for the facility did "not reflect the fair market value of Vermont Yankee and thus cannot, as a matter of law, be found to promote the general good."

The plant's operator, Vermont Yankee Nuclear Corp., said yesterday it wants to work with state regulators to sell the plant at auction, in light of the high prices paid for other nuclear plants in the Northeast.

AmerGen's most recent offer for Vermont Yankee was about $51.5 million, but Millstone in Connecticut recently sold for $1.2 billion, Nine Mile Point in New York for $1.0 billion, Fitzpatrick and Indian Point 3, also in New York, for $1.0 billion and Indian Point 2 in New York for $602 million.

On top of that, the operators say, the 29-year-old plant is running better than ever. In 2000, they said, Vermont Yankee produced 4.5 billion kilowatt-hours of electricity at an average cost of 3.9 cents per kilowatt-hour. That amount of power production would give the plant a capacity factor in excess of 100 percent.

The owners of Vermont Yankee are Central Vermont Power Co. (30 percent), National Grid Group Plc (21 percent), Green Mountain Power Co. (17 percent), Northeast Utilities (14 percent), the Vermont Group (7 percent), other municipal and co-ops (5 percent), Central Maine Power Co. (4 percent) and Cambridge Electric Light Co. (2 percent).

Vermont Yankee provides about a third of the power used in the state of Vermont.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service