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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
Peoples Energy to Cut Payroll through Retirements
LCG, Aug. 2, 2001Midwestern natural gas company Peoples Energy Corp. said yesterday it would offer 170 non-union, non-officer employees early retirement as a means of reducing its payroll."This program continues our efforts to ensure profitability through increased efficiency and improvedservice," said Tom Patrick, president and chief operating officer. "It will enable us to accelerate the benefits of process improvements now underway."The company said employees who accept the offerwill retire effective Dec. 1, 2001, though an employee may be required to postpone retirement under the program beyond December 1 in order to provide for a smooth transition."The program will result in a one-time charge to fiscal 2001 earnings," said Jim Luebbers, chieffinancial officer. "Assuming 50 percent of eligible employees participate, the program is estimated to yield annual labor savings of about $7 million." Benefit payments will be borne by the company's pension plan trust, which the company says will continue to be well funded.Peoples serves about 1 million retail natural gas customers in Chicago and northeastern Illinois.
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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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