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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 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region
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Industry News
Re-regulation of Energy Derivatives Encounters Opposition
LCG, Mar. 21, 2002--A measure in a bill sponsored by Sen. Dianne Feinstein, D-Calif., that would bring energy derivatives back under regulatory supervision is being opposed by Sen. Phil Gramm, R-Tex. and other Republican senators.Oversight of over-the-counter swaps and trading on electronic exchanges, such as Enron Online, ended with passage of the Commodities Futures Modernization Act of 2000. Gramm, supported in his opposition by Federal Reserve Chairman Alan Greenspan and Treasury Secretary Paul O'Neill, said that a connection between lack of oversight and the collapse of Enron was false. Swaps, often used to substitute fixed price purchases for floating price purchases, are typically used to manage and hedge risk. Trading in derivatives was a highly profitable activity for Enron.Feinstein said in a Senate floor speech, "there is no transparency, no record-keeping and no oversight of trades...We do not know the price of terms for 90 per cent of the energy transactions that take place." She alleged that the Commodity Futures Trading Commission lacks oversight necessary to investigate fully what role derivatives trading might have played during the California power crisis.A letter to Gramm from Greenspan and O'Neill said that reviving oversight of derivatives "could re-introduce legal uncertainties into off-exchange derivatives markets and other markets." They said that derivatives' contribution to risk-management would be harmed by regulation.The Commodities Futures Modernization Act of 2000 was passed with strong assistance from Gramm, the former banking committee chairman. He and his wife, Wendy Gramm, had strong relationships with Enron officials. Mrs. Gramm served on the company audit committee.
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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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