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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

Texas Utilities Claim PUC Not Responding to Rate Rules

LCG, July 25, 2002--Rate increase requests filed by major Texas utilities two weeks ago are legally justified under the rules for deregulating the Texas electricity market, the utilities say.

The companies, which include Reliant Resources and its energy provider Reliant Energy, TXU Corp., and units of American Electric Power, are seeking a court ruling to bring about rate changes based on increases in the cost of natural gas. When the rate filings were made, the Public Utilities Commission (PUC) referred the filings to the State Office of Administrative Hearings.

At issue are rules meant to cover a transition period for the deregulated Texas market, which allow adjustments in rates up to twice per year. A 4 percent increase in 12-month gas prices, or changes in the cost of power purchases, are supposed to form the basis of rate changes.

Reliant, which is seeking a 5.8 percent rate increase, says the difference between wholesale and retail prices is costing it $500,000 per day. CPL Retail Energy and WTU Retail Energy, under American Electric, argue that by not granting the requests, the PUC will discourage market entrants. Unregulated players see the regulated utility rates as the price they have to beat to offer customers a competitive alternative. The PUC is planning to receive a response to the filings from the State Office of Administrative Hearings by September.
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