EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Credit Problems Lead to Less Trading at Williams and Dynegy

LCG, July 25, 2002--The trading activity and existing positions of both Williams Cos Inc. and Dynegy Inc. are reportedly decreasing due to credit difficulties and less willngness on the part of other traders to engage with them, according to Reuters.

The finance director for Williams' European trading operations, Ray Poudrier, said, "We are still transacting but because of our credit status it is very limited; we are still in the spot market."

A trader in the West was quoted as saying that his own company, which was hesitant to extend credit to either of the companies, has also experienced reluctance by trading partners to extend credit. Another trader was quoted as saying, "A lot of what we're doing today is closing out a lot of deals with Dynegy and Williams. There's a lot of fear they're going the way of Enron. Not that they did anything wrong, but people are just losing faith in those companies."

Firms are reportedly trying to minimize any appearance of increased risk because of exposure to trading partners with poor credit ratings.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service