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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
New British Power Trading Arrangements Delayed - Again
LCG, Oct. 30, 2000--The British Office of Gas and Electricity Markets said on Friday that it had once more postponed the opening of "new electricity trading arrangements" because of technical problems.The phrase "new electricity trading arrangements," meant at first to describe an unnamed plan that was to have been introduced this month, has become the de facto name for the scheme. Ofgem and others have taken to using the acronym "Neta."The postponement is the third delay for the program, which is supposed to lower residential electricity bills by as much as 10 percent. In May, Ofgem conceded that difficulties putting together complex information technology systems would delay the opening of Neta until November 21. Earlier this month, that date was pushed back to January 30.Now, Ofgem says it is working to get Neta up and running on March 27 of next year, but market participants are now taking a wait and see position. One trader told the Financial Times "A lot of people in the market think this could continue to roll through until after the election and probably into the summer."The way the program is being set up, private companies such as traders and generators have been spot market and futures trading systems while Ofgem has been developing balancing systems that will match power supply with demand. No one knows yet whether the two sets of systems will talk to each other.So far, Ofgem is estimated to have spent about 90 million ($129 million U.S.) on getting Neta ready. The program is said to have cost private market participants as much as 10 million ($14.3 million) each.
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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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