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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, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.
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Industry News
Utilities Allowed to Borrow for Pre-Payments for Electricity
LCG, Aug. 1, 2003--Utilities will be able to use a low-cost method of financing for electricity purchases that had previously been allowed for just natural gas supplies, based on similar tax treatment by the Internal Revenue Services.Memphis Light, Gas & Water is one of the utilities that had lobbied to have the ability to issue tax-exempt municipal bonds. In this case, power sales of $1.5 billion were made by the Tennessee Valley Authority to the utility at a discount. Sen. Bill Frist, R-Tenn., a supporter of the measure, noted that "Memphis ratepayers will save money for years to come, and TVA will receive needed cash which it can use to further reduce its debt."The utilities had wanted to see temporary regulations be finalized this year, in order to assure a supply of electricity at a low price. The low cost comes about due to the purchase being pre-paid, while the utilities' concern about tax treatment had lain in the possibility that the discount would be viewed as an investment-type gain, due to the yield of the bonds being less than the rate of the discount. Arbitrage regulations govern the investment of bond proceeds by issuers. Probes by the IRS that ended last year did not lead to a determination that any violations had occurred.
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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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