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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
Mirant May Have Overstated 2001 by $253 Million
LCG, July 31, 2002-Mirant Corporation announced yesterday that it may have overstated assets and liabilities last year by $253 million due to unintentional error.Mirant said that a law firm hired to look at its 2001 accounts, King & Spalding, found that there were overstated accounts and overstated liabilities.The company had apparently overstated its liabilities by $100 million, its gas inventory by $85 million, and its accounts receivable by $68 million.The errors were initially detected when differences in assets and liabilities accounting could not be squared.In the wake of Enron's collapse, energy companies' shares have plummeted. Mirant has cut 700 jobs, sold $1.12 billion in securities, and sold nearly $1.6 billion in assets in the last 7 months.
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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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