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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
Xcel Energy Reacquires NRG Spin-Off
LCG, Feb. 19, 2002--Xcel Energy has announced it wants to buy all outstanding shares of NRG Energy, which owns unregulated generating assets in the U.S. and other assets abroad.NRG separated from Xcel in 2000, but has become highly leveraged and experienced significant risk of having its debt downgraded. Shares would be bought back at $11.50, 35 percent below their original pricing at issuance.According to NRG, Xcel's announcement did not follow any negotiations between the two companies. Although Xcel has sought to strengthen NRG's position with transfers of capital and forced it to sell off overseas investments, NRG's stock price has fallen 50 percent in the past six months.In communications with analysts, Xcel, which now owns 26 percent of NRG, asserted that its sudden announcement of a buyback at a discount was necessary to prevent a debt downgrade for the struggling unit. NRG's debt is currently investment grade. Credit Lyonnais Securities analyst Gordon Howald commented, "NRG's highly leveraged balance sheet proved unfixable in the near term."
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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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