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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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OG&E and Google Announce Contract for Three Data Centers in Oklahoma

LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.

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Industry News

Another Seattle Electric Rate Increase - More to Come

LCG, May 31, 2001Customers of Seattle City Light, the Washington city's municipal utility, will begin paying 9.3 percent more for electricity in July. The rate hike, the third so far this year, won't be the last, according to the Seattle Times, and also won't be the stiffest.

The paper said yesterday that this latest increase, like previous increases of 10 percent in January and 18 percent in March, is considered a temporary surcharge, expected to be removed in 2002 or 2003.

The rate increase is needed to pay for power at ever-increasing rates and to repay $250 million the utility has borrowed to pay higher than expected prices for power already purchased. City Light typically purchases between 10 percent and 15 percent of its power on the wholesale market, where a persistent drought in the hydroelectric-dependent Pacific Northwest has caused prices to increase 10- to 20-fold.

Even with the current rate increase, a residential customer in Seattle pays only 6 cents per kilowatt-hour for electricity, but he's used to paying a lot less because of all the federal hydroelectric dams that dot the Columbia and Snake Rivers. The water flow this year is expected to be about 58 percent of normal, which means there will be only 58 percent of the usual amount of power.

Most of those dams are operated by the Bonneville Power Administration, a federal agency. Next month, City Light expects to learn how much the agency will charge for a new power contract.

According to Gary Zarker, City Light customers could face a 22 percent rate increase in October, and that's under a best-case scenario. If Bonneville fails to get its municipal utility customers to rein in power usage, and get several aluminum companies to halt production, the rate increase to Seattle customers could be much higher than 22 percent, he said.

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