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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
Gas Futures Trading Being Investigated by CFTC
LCG, Jan. 12, 2004--An increase in the price of natural gas futures of 48 percent on the New York Mercantile Exchange, as well as increased market volatility, has prompted the Commodities Futures Trading Commission (CFTC) to subpoena telephone records of firms involved in the market.Storage levels of natural gas are normal, while temperatures have recently hit record lows in the Eastern U.s. Senators Joseph Liberman, D-Conn., and Orrin Hatch, R-Utah, have both drawn attention to the increase in natural gas prices that has occurred starting after Thanksgiving of last year. Lieberman requested that the CFTC investigate the possibility of market manipulation.All firms trading in gas futures on the Nymex are effectively subject to the investigation, as the telephone records covering communications between traders are handled by a single company, Syntegra, which is a unit of BT Group PLC.A spokeswoman for Nymex, Nachamah Jacobovits, was quoted by Dow Jones Newswires as saying, "Nymex is scrutinizing the market with a fine-toothed comb and monitoring because of the extreme volatility. We feel strongly that our systems are designed to handle extreme situations, but that includes scrutiny during times of extreme volatility."
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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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