|
News
|
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
|
|
LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.
Read more
|
|
|
Industry News
Mirant Restating Earnings, Mentions Bankruptcy
LCG, Nov. 8, 2002--The deregulated power developer and energy trader Mirant will file revised financial statements for the second quarter, following the discovery of what it it says are accounting errors, during an audit by its new accountant, KPMG LLP.The company said that a filing for bankruptcy protection is a possibility, dependent on whether or not it is able to refinance its debt. It stated that its amended 10-Q filing, expected in December, will show a $220 million loss, revised from an earlier loss of $152 million. Mirant will also have re-audits of its statements from the years 2001 and 2000 conducted.James Peters, speaking to Dow Jones Newswires, said "Mirant is confident in its business prospects. However, given the fact that we started a re-audit, it's prudent that Mirant cautions its shareholders of risks associated with the re-audit process." Bankruptcy protection would most likely be sought if payments on $4.5 billion in consolidated debt were to have to be accelerated.As parts of KPMG's audit, it found that Mirant's marketing and risk management operations did not properly disclose the nature of the company's positions due to a lack of internal controls and poor coordination between those business units' activities and the general ledger. Mirant is installing a new trading system which it expects will minimize delays in reporting.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power 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...
|
|
|
|
|
