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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

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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Arevon Celebrates Commencement of Operations at the 300-MW Nighthawk Energy Storage Project in California

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

TECO, Aquila, Questar Deny "Round-Trip" Trades

LCG, May 21, 2002-TECO Energy, Aquila, and Questar asserted that they made no "round-trip" trades in the California electricity market.

Because of the release of Enron memos elaborating strategies by which to manipulate the electricity market, the Federal Energy Regulatory Commission ordered over a hundred energy companies to state whether or not they participated in any of the twelve listed strategies by May 22.

TECO said in a press release yesterday that it employs policies to prevent "round-trip" trades, where energy is sold and bought back at the same price in order to artificially inflate trading volumes. Aquila, El Paso Corporation, and Questar have also denied participating in "round-trip" trades, while Williams Cos., which will make a more significant statement tomorrow, says this type of trade made up less than 1 percent of its total trade volume.

Reliant Resources, Dynegy, and CMS Energy have admitted to participating in "round-trip" trades.

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