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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, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.
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Industry News
Senate Panel Finds FERC Lacking
LCG, November 12, 2002-A Senate panel has determined that the FERC neglected to act on information about Enron and has too few personnel attending to the regulation of industry.In a report released today, the Senate Governmental Affairs Committee found that the Federal Energy Regulatory Commission should have noticed Enron's irregular behavior as long as five years ago. In the report, Senators pointed to wind farm transactions in 1997 where assets were transferred to secret Enron partnerships instead of companies separate from Enron as promised.A higher rate on power is allowed to be charged for qualifying facilities such as wind generators; Enron's acquisition of three California wind projects mandated either Enron's sale of the wind assets or a non-special rate on those generators. Enron's secret ownership tacked on an additional and illegal $176 million in collections from the wind farms.FERC had begun investigating the secret partnerships only last month.According to the report, "On a number of occasions, FERC was provided with sufficient information to raise suspicions of improper activities -- or had itself identified potential problems -- in areas where it had regulatory responsibilities over Enron, but failed to understand the significance of the information of its implications."The Senate Committee also noted that FERC had too few staff involved with market oversight and that too small of a percentage of FERC's employees are involved in preventing market abuse.FERC has already countered that, with only 1,250 employees, 800 of which are involved in safety and licensing, 200 of the remaining 450 are working in oversight and enforcement. The Federal agency has also taken issue with the Senate Committee's criticism of FERC's investigation, saying more skilled investigators have been hired.
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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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