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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
Deterrents to Midwest Manipulation Get Conditional Approval
LCG, Mar 17, 2003--A system created by the Midwest Independent System Operator Inc. to reduce the likelihood of market manipulation has been given conditional approval by the Federal Energy Regulatory Commission.The proposal would allow adjustment of suppliers' bids downward if they exceeded threshhold levels and raised the market clearing price by the lower of 200% or $100 per megawatt-hour. Local areas would have differing threshhold levels based on the level of congestion and excess of supply relative to demand.In addition, the Midwest ISO would fine generators if they did not bid into the real-time market and meet minimum operating levels, such that market clearing prices were affected. FERC did not allow a proposal to fine generators for not bidding into the day-ahead market, as there is no mechanism to compensate generators for providing on-line capacity.The Midwest ISO would not decide on any penalties it imposed. Rather, they would be determined by an independent market monitor. The Midwest ISO and PJM (Pennsylvania-Jersey-Maryland Interconnection) are continuing to develop compatible sets of rules to allow integration of their markets.
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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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