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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, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.
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Industry News
California Grabs Power Plant Property Taxes;Counties Fear Loss of Millions in Revenue
LCG, Oct. 26, 2001--The California Board of Equalization, a state agency responsible for administering sales and use taxes, property taxes and special taxes, has voted to take over from counties appraisal of power plants, and local governments are concerned the switch could mean the loss of millions of dollars in revenue.The Board said it would hold off on the tax grab until Jan. 1, 2003, to give the state legislature time to fix what opponents call a "fatal flaw" in the change. The fatal flaw is, once the money gets to Sacramento there is a good chance a lot of it will stay there.Heretofore, counties have assessed the power plants to determine how much they owed in property taxes. The tax was paid to the county, which in turn passed it on to the redevelopment agencies in the communities in which the plants were located.If the Board's plan stands, the very least that will happen is the tax revenues will be returned to the counties and not to the cities and towns where the power plants are. That would mean big losses in revenue for communities that have embraced generators as a means of paying for improvements and services.How hard the communities could be hit was outlined by the city of Pittsburg, a blue-collar town across the bay from San Francisco which has welcomed development of two new power plants. John Knox, a lawyer hired by the city, said Pittsburg has been counting on $10 million in power plant property taxes.The switch could leave the city with just $400,000, $9.6 million going to other parts of Contra Costa County such as Berkeley, where the huge University of California gobbles lots of electricity but where there are no power plants.Frank Aiello, vice mayor of Pittsburg, said property tax revenue was the big reason his city was amenable to the development of the two plants. "You'll see more and more power plants not being sited," he said. "There will be an even bigger energy crisis."
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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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