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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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Constellation Files License Renewal Applications with the NRC for Two New York Units

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.

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Industry News

Energy Bill Tax Breaks Three Times Earlier Estimate

LCG, Nov. 19, 2003--The energy bill now being debated in Washington contains an estimated $25.7 billion in tax credits or allowances that would be spread over the next 10 years, and in the view of some free-market advocates and other observers, represent highly targeted subsidies to particular sectors of the energy industry.

Approximately three-fourths of the tax inentives could be used by energy companies. Many of the tax breaks, including those for consumers, are not based on levels of energy production or savings, but on the type of technology or application involved. A senior policy analyst of the conservative think tank the Heritage Foundation, Charli Coon, was quoted in the New York Times as saying of the bill, "Congress should not be determining the energy winners and losers nor the appliance winners and losers." Coon believes that purchasing decisions should not be based on tax incentives.

Another observer who was quoted was Jerry Taylor, who directs the natural resources program of the Cato Institute, which adopts a strong libertarian stance against what it sees as excessive government influence. "If a technology has merit, there is no need to subsidize it, and if a technology does not have merit, no amount of government subisidy is going to give it merit," Taylor said.

Robert McIntyre directs Citizens for Tax Justice, which receives funding from labor groups, and asked, "What are we doing with this bill? Are we cutting prices for energy so we use more of it? ...This bill is just political payoffs to people who make contributions."

Last year, the Bush administration wrote in a letter to Congress that it was targeting about $8 billion worth of tax incentives for energy producers, roughly half of what is outlined in the current bill before considering additional tax breaks for consumers. Concerns have been raised about the possibility that some of those claiming the credits could perpetrate fraud in filing their taxes, due to the difficulty the Internal Revenue Service would have in monitoring all such claims of eligibility.
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