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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
FERC Raises Western Price Cap
LCG, July 12, 2002--Yesterday the Federal Energy Regulatory Commission raised the maximum price for wholesale electricity by 65 percent.Citing the risk of supply disruptions, FERC has increased the price cap in the West from $55.26 per megawatt hour to $91.87.FERC is concerned that the $55.26 price cap will leave power generators unable to sell electricity at a price that complies with the production cost. FERC contends that the increased cap is in the consumers' interest and will result in reduced risk of summer blackouts.The California Independent System Operator limited the price cap on Tuesday to $55.26 using complex analysis related to peak prices during shortages. On Wednesday, a stage 2 emergency was called in California, as unusually hot weather reduced energy reserves to less than 5 percent. FERC increased the cap yesterday to return it to the $91.87 level amid fears that the low cap would discourage companies from selling electricity to California.In any case, the specific amount allotted price caps has limited significance, since FERC insists that the Western price cap will expire September 30.
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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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