EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

Read more

Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

Read more

Industry News

Saudi Arabia May Reopen Gas Resources

LCG, June 25, 2002-Meetings with Royal Dutch/Shell and Exxon Mobil representatives and Crown Prince Abdullah point to new agreements in natural gas development.

According to the New York Times, Saudi Arabian Ministers will determine certain parts of the potential $25 billion, 20-year agreement within the next two weeks.

The companies and Saudi Arabian government began negotiations a year ago, but sdisagreements over shared revenue and plans to run water, power, and desalinization plants kept anything concrete from emerging.

The situation may been further complicated by the Saudi Arabian public's relationship to the United States, although Saudi officials reject assertions that the delay has anything to do with U.S. Middle East policy.

One major point of discrepancy is in the percent of revenue from downstream projects. The companies want 15 to 20 percent, which is usual when a risk is taken in gas exploration, but the Saudis contend that, since the utility projects do not involve such risk, the revenue should be closer to 8 or 9 percent. If the agreement ends up with a 10 to 12 percent revenue, the Saudis may allow bidding.

The two projects included, lead by Exxon Mobil, are a $15 billion South Ghawar project with Shell, BP, and Phillips, and a $5 billion Red Sea Coat project involving Occidental and Marathon.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service