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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
SEC, Banks Arrive at Enron-Related Settlement
LCG, July 28, 2003--An investigation by the Securities and Exchange Commission into financial deals arranged by J.P. Morgan Chase and Citigroup for bankrupt Enron Corp. has resulted in the banks paying $255 million in settlements, without admitting or denying wrongdoing.J.P. Morgan and Citigroup arranged structured finance deals for Enron that members of Congress as well as the S.E.C. have said were intended to mask the extent of loans to Enron, and represent financing activities as operating cash flows. The securities regulator concluded that J.P. Morgan Chase and Citigroup were aware that the deals did not provide an accurate picture of the health of the energy company. In addition to transactions involving Enron, Citigroup also conducted deals for Dynegy. The settlement reached by Citigroup ends investigation into those financing deals as well.J.P. Morgan Chase will pay $135 million, while Citigroup will pay $120 million to compensate Enron and Dynegy investors, with total amounts to the two groups of $236 million and $19 million respectively. New York State and New York City will each also receive $12.5 million from both energy firms, which will cover the costs of the investigations.In one deal J.P. Morgan Chase organized for Enron, a $375 million load to be repaid over five years was accompanied by a $1 billion loan secured by a $1 billion deposit by Enron with J.P. Morgan Chase, which was extended and repaid in a single day. By representing interest payments on the smaller loan as being interest on the larger loan, Enron realized $125 million in Canadian tax benefits. Chase received a $5 million fee for its services. Experts who commented on the deal before it was conducted said that it was likely that Revenue Canada would become aware of and dispute the transaction under anti-avoidance statutes.
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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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