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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
SoCal Edison Wants 30 Percent Rate Hike
LCG, Dec. 27, 2000Southern California Edison Co. is asking California regulators to approve a 30 percent increase in retail electricity rates, according to a Securities and Exchange Commission filing by parent holding company Edison International Inc. The increase would be effective January 4.In a filing made yesterday, Edison International said SoCal Edison is asking that low-income customers pay only 10 percent more than their current rates. The company said it was doing its part by eliminating for at least the fourth quarter the dividend paid to shareholders and by planning cutbacks in spending of $100 million.The California Public Utilities Commission is meeting today to determine how much to allow SoCal Edison and Pacific Gas & Electric Co. to raise their rates. A final decision is scheduled to be issued on January 4.These actions come in the wake of last Wednesday's announcement by Standard & Poor's that it would cut the credit ratings of the two utilities down to the level of junk bonds if the state did not take action within 48 hours to ease the financial pressure on the two companies.Both SoCal Edison and PG&E have been paying high wholesale power prices for electricity they resell to their customers at rates frozen at levels 10 percent below those they charged in 1997. PG&E now is some $4.6 billion behind in collections an amount growing by $1 million per day, the company says and SoCal Edison is $3.5 billion in the hole.The California Small Business Association, whose members benefit from the rate freeze, was set to testify before the PUC in favor of a "reasonable rate increase." The group is joined in supporting a rate hike by two other prominent business associations.The California Chamber of Commerce and the California Business Roundtable said yesterday in a joint statement that state regulators must "take immediate action to maintain utility solvency while keeping the cost of electricity stable for California businesses and residents."
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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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