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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
KCP&L Sells Some Colorado Gas Assets
LCG, Sept. 21, 2000--Kansas City Power & Light Co. said yesterday hat its natural gas development subsidiary would sell about 24,000 acres of producing natural gas properties to EvergreenResources Inc. for $70 million in cash, $100 million in mandatory redeemable preferred stock and $6 million in Evergreen common stock.The properties KLT Gas Inc. has agreed to sell to Evergreen are located in the Raton Basin of Colorado and represent about fifteen percent of the Company's current natural gas development acreage, the company said.Gregory J. Orman, chief executive of KLT, said "We have developed these properties to the stage where they are an excellent fit for the buyer, which has allowed us to sell the assets and redeploy the capital in other high growth opportunities." The transaction will produce a gain of between 60 cents and 80 cents per share for KCP&L, depending on accounting treatment. Bernie Beaudoin, president of the Kansas City utility, said "The significant gain on the sale of these properties demonstrates our ability to create value. We envision a continuous process of recognizing gains for our shareholders through these kinds of transactions."
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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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