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

Work on India's Dabhol Power Plant Halted

LCG, June 18, 2001Dabhol Power Co., the embattled $2.9 billion power project in western India owned 65 percent by Enron Corp. of the U.S., said yesterday that work on its 1,444 megawatt phase two had been halted because of uncertainty over funding.

In a terse statement, the company said "The DPC received notice today that the construction contractors have terminated further work on phase two of the Dabhol power plant." Phase two of the plant has been scheduled to begin commercial operation later this month.

Almost since the 740 megawatt phase one of the facility began production last year, Dabhol has been in constant dispute with its sole customer, the Maharashtra State Electricity Board, over payment for power sold to the state-owned utility.

At first, the MSEB simply dragged its feet over paying its bills, forcing Enron to invoke state and federal guarantees. More recently, the MSEB has been trying to back out of contracts it signed with Enron in the mid-1990s.

In the Dabhol statement, managing director Wade Cline said the project's lenders found it "near impossible" to continue funding the nearly-complete second phase. "Since the contractors cannot continue to work without payment, they have terminated their construction contracts," Cline said. "These actions are a direct consequence of the MSEB and governments' failure to live up to their commitments."

Dabhol said "Given the ongoing defaults by MSEB, we anticipated the contractors' termination. Consequently, DPC is implementing prior plans to care for and preserve Phase II of the plant pending a resolution of the dispute."

The company said it was "committed to finding lasting solutions" to the disputes. "In the interim, DPC will continue to abide by the PPA, meet contractual obligations, enforce its rights under contracts and take various disputes to the contractually defined dispute resolution process," the Dabhol statement said.

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