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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

House Members Trade Proposals Over Power Market Authority, Oversight

LCG, September 17, 2002--The Federal Energy Regulatory Commission's proposals for creating a seamless national electric power market are encountering some criticism from House lawmakers, as they draft specifics for electricity legislation.

The FERC's recently issued rules proposal, standard market design, is far from being derailed, although a prior FERC stipulation that utilities join regional transmission organizations (RTO's) is seen as too stringent. Among a group of Republicans, including Rep. Billy Tauzin (R-La.), and Rep. Joe Barton (R-Tex.), suggestions have been made that utilities could be awarded incentives should they join an RTO. That suggestion was criticized by Rep. Edward Markey (D-Mass.), as "very generous with the ratepayers money."

Standard market design is seen by some Southern and Western representatives as bypassing traditional state authority over market operations. Tauzin said that a vote on any changes to FERC's proposal would take place by July. Points of disagreement have also centered around a Republican proposal to repeal the Public Utilities Company Holding Act (PUHCA), a 1935 law which was to prevent utilities from acquiring undue market influence.

Democrats such as Henry Waxman (D-Calif.) have stressed what they see as a need for more oversight of electricity trading and financial integrity, while downplaying modifications to FERC's transmission-related rulemaking.
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