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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 12, 2026--Arevon Energy, Inc., an energy developer, owner, and operator, today announced that its 300 MW/1,200 MWh Nighthawk Energy Storage Project in Poway, California, is now operational. Arevon celebrated the project's completion with an on-site ribbon-cutting ceremony attended by project partners, local officials, and others who helped bring the project online. Nighthawk, the largest standalone storage facility in the company's portfolio, should enhance system reliability and is among the San Diego region's most significant energy storage facilities.
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Industry News
Reliant Resources Abandons Gas Trading
LCG, Mar. 10, 2003--Recent volatility in natural gas prices has prompted Reliant Resources to announce today it will no longer be involved in proprietary trading in that market.The company said that a trading loss of approximately $80 million following the closing of a short position for March deliveries and a long position for April deliveries was a direct cause of its decision. The price of the NYMEX March contract increased by $2.53/mmBtu in February, from its closing price on Friday the 21st to trading on Monday, the 24th.Reliant Resources has posted an additional $0.1 billion in collateral to maintain liqiduity, in addition to its January total of $0.7 billion from its domestic margin and collateral. Aside from the negative impact of market volatiliy for its trading operations, Reliant has seen revenues earned by coal generating plants it owns rise, due to higher market prices caused by conditions in the natural gas market.
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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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