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News
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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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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
Dynegy Buys into UK Natural Gas Industry
LCG, July 17, 2001U.S. energy firm Dynegy Inc. said yesterday it has agreed to acquire BG Storage Ltd. from its owner BG Group Plc of Britain for 421 million ($590 million U.S.).Among BG Storage's assets are nine salt caverns, 30 wells with five offshore platforms in the North Sea, about 20 miles of pipeline and a natural gas processing terminal.Also included is the Rough storage facility, Britain's largest. A partially depleted gas field in the Southern North Sea is used to store gas three kilometers underground. Its unique feature is its huge size, able to store the amount of gas needed to supply the British market for 13 days.Dynegy said BG Storage's 290 employees will be retained when the deal closes later this summer. The acquisition will become part of Dynegy Europe Ltd."This acquisition is the cornerstone of Dynegy's European energy delivery network, which willenable us to capture incremental value in the newly liberalized European Union energy markets," Gary Cardone, president of Dynegy Europe, said in a statement.Frank Chapman, Chief Executive, BG Group Plc, said: "We have carried out an exhaustive strategic review of BG Storage's operations and concluded that the greatest shareholder value was likely to be achieved through a sale of these assets, and we have worked quickly to realize this outcome. We will continue to enhance our strategic position as the integrated gas major and remain committed to growing the value of our UK assets. The proceeds will be utilized elsewhere to further our aims of growing the business and simultaneously strengthening returns."The transaction is subject to approval by the British office of Gas and Electricity markets and UK competition authorities.
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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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