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News
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LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.
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LCG, November 19, 2025--NERC yesterday released its 2025–2026 Winter Reliability Assessment (WRA), which concludes "much of North America is again at an elevated risk of having insufficient energy supplies to meet demand in extreme operating conditions." The WRA does state that resources are adequate for normal winter peak demand, but extended, wide-area cold snaps will be challenging.
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Industry News
Edison May Avoid Bankruptcy on its Own
LCG, July 20, 2001For the first time in more than a year, Southern California Edison Co. expects this month to collect more money than it will spend on electricity, giving rise to hopes that it could claw its way out of insolvency without the help of "bailout" plans by the state.The utility accumulated around $3.5 billion in debt as it was forced to pay high wholesale prices for electricity and sell it to its customers at low rates fixed by California's failed electric deregulation law.Wholesale power prices in California have dropped dramatically in recent weeks, partly as a result of controls established by the Federal Energy Regulatory Commission but mostly because of mild weather, the commissioning of new power plants and good performance of existing plants, lower natural gas prices and increased energy conservation by Californians facing higher electric rates.Recently approved rate increases have enabled the utility to take in more than it is paying out, allowing it to boost its retail rates from about 7 cents per kilowatt-hour to 10.27 cents. SoCal Ed officials said that if those conditions continue a big "if" as a prolonged heat wave could drive power prices up the utility could make payments on a proposed bond offering to pay down the $3.5 billion debt.The company is far from out of the woods, an executive cautioned. Brian Bennett, a SoCal Ed vice president, said "While we might be able to cover our costs going forward, it is equally important that we have a way to pay off that $3.5-billion debt."Continued good news could obviate the need for the now-stalled plan by California Gov. Gray Davis to "rescue" the utility by having the state purchase its transmission assets for $2.76 billion. Three bills to make that plan possible are working their way through the state legislature but none appear likely to be approved before lawmakers begin a month-long vacation today.
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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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