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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.

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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

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Industry News

PG&E Bankruptcy Judge Orders Reorganization Settlement Talks

LCG, Mar. 5, 2003--U.S. Bankruptcy Judge Dennis Montali stated in an order to utility Pacific Gas & Electric and the California Public Utilities Commission that while "the court is quite aware of the philosophical differences that separate (Pacific Gas) from CPUC ," representatives of each party would need to begin settlement talks concerning PG&E's emergence from bankruptcy.

Judge Randall Newsome will discuss prospects for negotiation with PG&E and the CPUC and recommend whether the effort should be pursued. Montali wrote, "While a prior mediation was unsuccessful, there is little to be lost, and potentially much to be gained, by ordering a judicially supervised settlement conference." PG&E will obey the order, according to spokesman Ron Low. The CPUC spokeswoman Sheri Inouye said, "We see this as a very positive development."

One of the most significant issues separating the PG&E and CPUC reorganization plans is how creditors of the utility are to be paid. PG&E wants to issue more equity than it had earlier proposed, up to $700 million worth, but less debt, with the option to issue secured debt. The CPUC plan would use debt and equity as well as higher retail rates, and runs counter to PG&E's plan to shift ownership of company assets to a set of new companies not regulated by the state.
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