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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.

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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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Industry News

Utilicorp Filing Asks For Rate Increase For Fuel and Power Purchases

LCG, June 8, 2001--A Friday filing by Utilicorp United with the Missouri Public Service Commission incorporated natural gas cost projections, with higher gas costs accounting for 80% of the company's proposed 16.9% rate increase.

Currently, the Missouri Public Service Commission does not include provisions for ongoing fuel cost adjustments to recover higher fuel prices.

The other major component of the request was based on the need for wholesale market purchases during periods of peak demand, which surpass the capability of the company's own generating resources. Judy Ness, community relations director, said "if natural gas prices stay below last year's levels, we would pass those savings on to our customers in coordination with the Commission's review."

Previous rate changes since 1983 have included two increases, most recently in 1993, and four decreases. Today's rates are 7.26 percent lower than they were in 1983.

What would the proposed rate structure mean for a residential customer using 1,000 kilowatt-hours (Kwh) of electricity per month? If natural gas prices - which have been falling in response to building inventories - were to stay at very high levels, the bill would be $14 per month ($169 per annum) higher.

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