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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
TVA's Leasing Deal Seen As Avoiding Debt Cap
LCG, Jan. 30, 2002--The budget proposal to be released next week by President Bush, the Tennessee Valley Authority will show $300 million more in liabilities than the agency believes it has.According to the Wall Street Journal, new attention to strict accounting standards caused the Office of Management and Budget to classify the TVA's leasing deal for a natural gas plant as a debt. TVA owned the plant until it arranged with a unit of Pittsburgh-based PNC Financial Services Group Inc. to receive a one-time payment for the plant, which was under construction, and then lease the plant in order to cover outstanding construction costs.The TVA is allowed to borrow up to $30 billion, but having outstanding debt on the plant would have put its debt above $25.4 billion. Its management would like to be able to expand its generating assets. By taking the gas-fired peaking plant off its list of assets, it avoids fluctuations in the plant's market value, and as chief financial officer David Smith says, it is able to "build flexibility into our portfolio."The OMB has insisted that the arrangement be recognized as a long-term obligation, not a normal operating expense.
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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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