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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
Avista Pays $2.1 Million to Settle Energy Futures Case
LCG, Aug. 22, 2001--Avista Corp. yesterday agreed to pay $2.1 million to settle, without admitting wrongdoing, charges that the company's power trading unit had manipulated electricity futures contract prices on the New York Mercantile Exchange in 1998.The U.S. Commodity Futures Trading Commission had brought the case, charging that Avista and two of its traders manipulated prices of futures contracts in electricity for delivery at the California-Oregon Border and the Palo Verde switchyard in Arizona between April and August, 1998.The two traders, former vice president for trading Thomas Johns and former trader Michael Griswold, agreed to settlement payments of $50,000 and $110,000 respectively. Neither is still an employee of Avista.The CFTC said that Avista, on four separate and identifiable occasions, bought futures contracts for more than the prevailing price, or sold contracts below the prevailing price, for the two delivery points, thus influencing the settlement price in the direction desired."The commission found that Avista Energy and the settling former employees manipulated the prices of NYMEX Palo Verde and COB contracts on four specific dates in 1998 to affect the value ofAvista's over-the-counter options contracts," said Phyllis Cela, acting director of the agency's enforcement division.Charges are still pending against two other Avista employees and a NYMEX floor broker in connection with the same price manipulation.
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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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