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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
York Research Defaults on Bonds, Ousts CEO
LCG, Oct. 31, 2001--Renewable energy firm York Research Corp. said yesterday that the $10,345,000 payment due under terms of $150 million of bonds issued by York Power Funding (Cayman) Limited would not be made.The company said that failure to make the payment, which was due yesterday, before November 9 would constitute default and allow the bonds' trustee to exercise remedies against the collateral put up for the borrowing.The collateral consists of York's interest in its Trinidad Project, Big Spring Project, Brooklyn Navy Yard Project and Warbasse Project.York also said it had over the past 18 months used for its general corporate purposes about $17.5 million in revenues generated by the Trinidad Project, which was a violation of bond covenants.As a result of these problems, Robert M. Beningson has been sacked as chairman, president and chief executive and was placed on unpaid leave of absence. Executive Vice President Robert C. Paladino has agreed to take over Beningson's functions.
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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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