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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, 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
Consumers Asks Regulators for Securitization Okay
LCG, July 7, 2000--Consumers Energy Co. said yesterday that it had filed an application with the Michigan Public Service Commission to begin the securitization process for approximately $473 million in qualified stranded costs.The announcement followed by a day that of Detroit Edison Co., Michigans other big electric utility, which on Wednesday asked the commission to approve $1.85 billion in stranded cost bonds.In the securitization process, new bonds are issued to refinance existing debt associated with utility assets that may become uneconomical in a competitive electricity market. Where the original debt is backed by the assets themselves, the new bonds are backed by the revenue flow generated by the assets. Because there is almost no risk associated with a utility collecting its bills, the new borrowing is less expensive than that it replaces.Consumers said the money it saves by issuing the new bonds will allow the company to offset the earnings impact of a 5 percent residential rates reduction that went into effect in June in connection with Michigans electric industry restructuring law.The company said that it had asked the commission to find that its Palisades nuclear power plant capital costs, net of depreciation, be identified as a qualified cost and thus be eligible for inclusion in the refinancing.Consumers said it hopes to issue the bonds by the end of the year.
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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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