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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 4, 2026--PowerSouth Energy Cooperative (PowerSouth) yesterday announced plans to increase the electric generating capacity at its Lowman Energy Center (LEC), located in Leroy, Alabama. PowerSouth plans to install a second, highly efficient advanced M501JAC gas turbine with a twenty-five year long-term service agreement from Mitsubishi Power. Burns & McDonnell will provide engineering, procurement, and construction (EPC) services.
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Industry News
Huaneng to Acquire Shandong for $697 Million
LCG, July 19,2000--Huaneng Power International Inc. and Shandong Huaneng Power Development Co. Ltd. announced jointly yesterday an agreement under which Huaneng will acquire Shandong for 1.34 renminbi per share. In the U.S., American Depositary Receipts representing 50 shares will be paid for at $8.0922.The cash deal values Shandong at $697 million, and represents a premium of 72.6 percent over the closing price for Shandong ADRs on July 17. Li Xiaopeng, chairman of Huaneng, said that with the acquisition his company "will furtherconsolidate its position as the largest independent power producer in Asia, with 10,813.5 megawatts of installed capacity and approximately 5,520 megawatts under construction and development."He pointed out the geographical advantages of the deal, saying "The addition of Shandong's power plants further strengthens Huaneng's portfolio of strategically located assets, allowing us to provide more extensive coverage to China's coastal regions, including Liaoning, Hebei, Shandong, Jiangsu, Fujian and Guangdong provinces, and Shanghai municipality. These regions remain to be the most important and dynamic in the country in terms of economic development." Yu Xinyang, Shandongs chairman, said "This merger is beneficial to Shandong's shareholders. It allows Shandong's domestic shareholders to cash in their investments. The merger consideration, which is at a premium over Shandong's ADR trading price, will also benefit Shandong's foreign shareholders."The merger is subject to, among other things, the approvals of the respective shareholders of Huaneng and Shandong and the relevant regulatory bodies in China, as well as compliance with the procedures and filing requirements of the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Ltd.The companies said they expect to complete the transaction 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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