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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 19, 2026--Duke Energy announced Monday that its 2026 Carolinas Resource Plan was submitted August 14 to the Public Service Commission of South Carolina (PSCSC). The company states that its strategy is designed to maximize the value of existing resource assets while (i) making prudent investments in additional diverse resources needed to serve South Carolina's growing population and economy and (ii) maintaining its focus on delivering safe, reliable and affordable energy. The PSCSC will now evaluate the 2026 Carolinas Resource Plan, hold a hearing in April 2027 and issue an order by June 2027.
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Industry News
California ISO Announces New "Go-Live" Date for MRTU
LCG, August 23, 2007--The California Independent System Operator (California ISO) yesterday announced a new "go-live" date of March 31, 2008 (for a trade date of April 1, 2008) for the implementation of the Market Redesign and Technology Upgrade (MRTU) program. The prior target was February 2008.
The MRTU is designed to improve the electricity market structure in California so as to enable a more efficient and competitive market to evolve.
Key elements of the MRTU include: a financially binding, day-ahead energy market; models for the California ISO to forecast and identify transmission congestion as a tool in managing congestion; Locational Marginal Pricing (LMP) to provide the proper economic signals to influence new generation and transmission investments; provisions to enhance the development of demand response and renewable resources, and upgrades to the aging ISO computer system.
The California ISO stated that numereous MRTU milestones have already been achieved, such as the launching into production mode the system for Congestion Revenue Rights (CCRs).
The Federal Energy Regulatory Commission (FERC) in September 2006 unanimously approved the MRTU program submitted by the California ISO. At that time, the MRTU was scheduled to be implemented in November 2007.
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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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