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News
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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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LCG, August 20, 2026--PJM released its new five-year strategy yesterday, entitled "Shaping a Powerful Change, Working to Perfect the Flow of Energy." The strategy specifies PJM’s mandate to be a mission-driven organization that serves the public interest as a FERC-authorized RTO. PJM's strategy plan outlines the need to meet the demands of accelerating load growth amid constrained capacity and a rapidly evolving industry. The plan states, "We are clear about our priorities: Reliability is our North Star.”
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Industry News
High Prices May Have Resulted from Inaccurate Price Indexes
LCG, Oct. 18, 2002--The Commodity Futures Trading Commission (CFTC) is investigating how price indexes used to settle energy contracts may have been manipulated following disclosures by Dynegy and American Electric Power Co. (AEP) that they had falsified prices they provided to a prominent industry publication."Most contracts, directly or indirectly, are tied to one of these indexes," Arthur Corbin, president of the Mnicipal Gas Authority of Georgia, a gas purchaser, told Bloomberg. The indexes in question are developed through a survey of anonymous traders' data, used by Platts, a division of McGraw-Hill Cos. The actual prices at which specific company trades are made are not normally disclosed. Mirant Corp. and Reliant Resources Inc. have said that they are reviewing data submitted in the past to verify their accuracy.Platts has had its list of subscribers and names of employees who collect price information subpoenaed. According to Platts spokesman Jim Keener, his company is cooperating fully with the probe. The CFTC is seeking "any information that indicates any person's knowledge of false, inaccurate or otherwise incorrect pricing and volume information." The government is interested in determining if false information may have exacerbated the Western energy crisis of 2001.
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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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