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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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Press Release
LCG Publishes 2021 Annual Outlook for Texas Electricity Market (ERCOT)
LCG, March 11, 2021 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2021. The Outlook represents the operation of ERCOT wholesale electricity market under “business as usual" conditions, as is always the case in the Outlook. The report outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.
However, this winter has brought anything but business as usual to Texas. Severe and persistent winter temperatures led to large-scale generators outage and natural gas curtailment, and subsequently widespread black outs and public outrage. Although ERCOT had returned to more normal operating conditions, the crisis is not yet over, and the Public Utilities Commission of Texas and legislature are actively considering changes to the system and market. If and when changes are enacted that may affect ERCOT, LCG will issue an addendum and perhaps analysis from further studies in Texas.
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Readers can DOWNLOAD the Report clicking the button above. For more information on LCG’s products and services, contact Julie Chien at julie.chien@energyonline.com
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