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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
Former Avista Trader Fined
LCG, Sep. 13, 2002--A fine of $155,000 was levied on former Avista electricity trader Robert Kristufek as part of a settlement with the Commodity Futures Trading Commission yesterday.An investigation into market manipulation of settlement prices at Palo Verde and the California-Oregon Border led to the settlement, in which Kristufek did not indicate whether or not the charges against him were justified. The CFTC stated that Avista Energy Inc. "had entered into cash-settled over-the-counter option contracts whose value was based on the daily settlement prices of the electricity futures contracts at issue," prior to alleged wrongdoing by Kristufek. According to the agency, Kristufek "manipulated those settlement prices in order to increase Avista Energy's net gain on its option contracts."The contracts in question traded on four days in the spring and summer of 1998, on the New York Mercantile Exchange. Related charges were settled last year against former Avista Vice President Thomas Johns and another former trader Michael Griswold. Kristufek has not been with Avista for four years, according to the company.
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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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