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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
Enron Prepared To Sell Trading Arm, Its Largest Source of Revenue
LCG, Jan. 14, 2002--UBS AG, Switzerland's largest bank, is prepared to take over Enron Corp's trading unit, relates the New York Times.Enron will give up its equity stake, an unexpected development in the deal. Enron will have an interest in the venture's profits, although conditions of the deal will favor UBS' buyout of that interest after five years. If UBS decides against that move, its 33 percent royalty payments on profits would increase to 45 percent.A rival bidder for the trading operations, Citigroup Inc., was passed over when Enron's unsecured creditor committee, representing banks and holders of Enron debt, selected UBS' offer.In order for the deal to be realized, U.S. Bankruptcy Court Judge Arthur Gonzalez will have to approve the terms, which emerged from overnight negotiations in New York City. Documentation which will be submitted to the court will also be posted on Enron's website by 11 p.m. Eastern Standard Time.
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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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