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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, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.
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Industry News
Federal Regulators Settle BP Energy Allegations for $3 Million
LCG, July 22, 2003The Federal Energy Regulatory Commission and BP Plc. came to an agreement over BPs alleged electricity market manipulation. In March an investigation by FERC uncovered activity between BP Energy Company and Reliant Resources that allegedly showed manipulation of Western electricity prices during the 2000/2001 energy crisis. FERC staff found that BP staff sold energy to Reliant and then repurchased it in order to influence electricity prices at the Palo Verde hub. While some people find so-called round-trip trades legitimate, BP did respond to FERCs report and noted the trades were inappropriate.According the Commission, BP will pay $3 million to United Way in California and Arizona. BP electricity sales will have to pass FERC review for the next six months. Also, energy trading records, such as reports on trades and copies of trading tapes, will be submitted to FERC.
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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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