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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 20, 2026--PJM released its new five-year strategy yesterday, entitled "Shaping a Powerful Change, Working to Perfect the Flow of Energy." The strategy specifies PJM’s mandate to be a mission-driven organization that serves the public interest as a FERC-authorized RTO. PJM's strategy plan outlines the need to meet the demands of accelerating load growth amid constrained capacity and a rapidly evolving industry. The plan states, "We are clear about our priorities: Reliability is our North Star.”
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Industry News
Energy Company Executive Backs Derivatives Bill
LCG, July 10, 2002--The chairman of Aquila, Inc., Richard C. Green, Jr., testified today at a Congressional committee hearing that he sees energy derivatives as "no less important to the energy industry" than they are to the agricultural industry.Green told the Senate Agriculture, Nutrition and Forestry Committee today that derivatives allow risk to be distributed to those who are willing to accept it, and minimized for others who want to manage it. Speaking on legislation proposed by Sen. Diane Feinstein, D-Calif., that would regulate trading of derivatives and make the energy derivatives market subject to greater disclosure, Green said, "It is critical for bodies, such as this Committee, to work quickly to remove uncertainty from the markets, to make corrective remedies where warranted, and to allow the energy industry to get back to the business of building critically needed infrastructure."The Aquila chairman stated that he supports the most recent form of the Feinstein bill, "as it provides the necessary safety nets to restore public trust while not impeding the dynamics of this marketplace." Green said that futures, options and swaps, "have been shown to be a critical factor in investment and growth of the economy." Aquila, which last year expanded its trading operations, has undertaken a significant corporate restructuring in order to maintain its credit rating, shedding most of its energy trading activity and personnel.
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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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