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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

Nebraska Nuke's Future Uncertain

LCG, May 10, 2002--The largest generating unit in Nebraska, Nebraska Public Power District's Cooper nuclear plant, may be shut down at the end of power purchase agreements through 2004, more than a decade before its operating license is due to expire.

The NPPD is considering several options for the plant, which sells most of its output to MidAmerican Energy Co. and Lincoln Electric System. Perhaps the most serious issue is the need to cover decommissioning costs, which are estimated at $500 million, and out of which $297 million has been paid through installments into a fund. In 2000, a court allowed the two large customers to stop covering the costs, pending review.

NPPD might have to recover decommissioning costs through higher power prices, a result that the power purchasers have indicated would cause them to buy elsewhere. In addition, the 778-megawatt plant is one of only two plants in the country considered to meet only the absolute minimum operating conditions set by the Nuclear Regulatory Commission. Inspections-related costs stemming from the poor rating impact NPPD with up to $5 million in extra expenses.

Although NPPD will seek new purchasers for Cooper's output, the cost of lengthy outages may cause Cooper to lose out if it attempts to sell take-or-pay contracts, in which repair costs are explicitly covered by the buyer regardless of whether it is receiving power. The power district is currently unable to sell the plant under the law.
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