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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
Russian Takeover Creates One of World’s Largest Oil Companies
LCG, April 22, 2003Yukos will purchase Sibneft, resulting in what will be the fourth largest oil company in the world. Yukos, the biggest oil company within Russia, will pay $3 billion cash for a 20 percent portion of Sibneft. Yukos has agreed to acquire the remainder of the company at an unspecified date in the future, and the combined companies will be YukosSibneft Oil Company. Mikhail Khodorkovsky, chief executive and largest shareholder of Yukos, will assume chief executive status in YukosSibneft as well. YukosSibneft will own a combined total of roughly 19.4 billion barrels of oil and gas equivalent. Oil production is estimated to become 2.3 million barrels per day. The company will also own over 2,500 gas stations. The companies will complete the merger by the end of the year, although regulatory bodies and shareholders will have some input.
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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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