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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 27, 2026--Entergy announced today that new revenues from Mississippi data centers are a primary reason why Entergy Mississippi customers will not see their electricity rates increase this summer. The Mississippi Public Service Commission (MSPC) recently approved a rate plan that keeps Entergy Mississippi’s rates below the national average and prevented what otherwise would have been a $4.87 per month increase in July, compared to June rates. Entergy stated that the elimination of the rate increase is an early example of how data centers are directly benefiting their customers.
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Industry News
Southern Completes Mirant Spin-off Yesterday
LCG, April 3,2001The Southern Company announced this morning it has completed the spin-off of Mirant Corp. through the distribution of all of its 272 million shares of Mirant common stock. Southern owned about 80 percent of Mirant, which was formerly known as Southern Energy.After the close of the market yesterday, Southern Co. stockholders were issued not quite four shares of Mirant common stock for each share of Southern Co. owned on the March 21 record date. Cash will be issued in lieu of fractional shares, the company said.The Southern Co. seemed concerned that many of its shareholders were novice investors, and would have a hard time understanding that their Southern Co. shares were now worth less that they were yesterday, the difference being the equivalent of the distribution they received of Mirant stock and cash.Because the value of Mirant previously embedded in Southern Co.'s share price has been distributed directly to Southern Co. shareholders, one would expect the share price of Southern Co. to be lower following the spin-off, said Gale Klappa, chief financial officer."After the distribution, shareholders should combine the dollar value of their Southern Co. holdings with the value of their Mirant holdings to determine the total value of their investment," Klappa said.
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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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