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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
New Jersey Regulators Plan Electricity Auctions
LCG, Nov. 8, 2002--The New Jersey Board of Public Utilities has announced its plan for auctions for power purchases by the state's major energy suppliers, scheduled for February.Each supply auction will be for a different class of customer, with hourly prices to be paid by large users, commercial and industrial, and a fixed price to be charged to residential and small-business customers. The latter group accounts for 80 percent of energy consumption in the state. Auctions covering 10 and 34 months are being held for the small customers, with the 10-month auction providing for two-thirds of need and the 34-month auction for one third, each period beginning Aug. 1, 2003.The prices to be paid by residents and small businesses will be based on a combination of the 10- and 34-month auction prices. The Board of Public Utilities believes that while consumer rates will no longer be capped, the process will prevent wholesale price spikes from affecting them. Jeanne Fox, president of the BPU, told The Star-Ledger of Newark, "There was a feeling you needed some long-term contracts as a hedge." A similar auction last year allowed four major utilities to make purchases covering the period through July, 2003.Overall, rates are likely to rise, as the BPU begins to allow charges for deferred balances, or costs incurred by the utilities but not allowed under the rate cap, such as those for expensive power purchases.
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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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