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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
CFTC Apparently Considering Market Abuse Charges
LCG, Feb. 14, 2003--Cooperation between the Commodity Futures Trading Commission (CFTC), federal prosecutors, and the Federal Bureau of Investigation seems the likely result of a Wednesday meeting of over forty participants organized by the CFTC, which could signal aggressive pursuit of energy market abuse charges.The CFTC's expertise in commodities markets and oversight of futures exchanges, coupled with the criminal indictment powers of U.S. Attorney offices across the country, may be wielded against traders believed to have submitted false trades to publishers of price indexes. "It's an unprecedented kind of meeting in my experience," Michael Greenberger, a former director of the Commodity Futures Trading Commissions's trading and market division, told Dow Jones. "This meeting smacks of this being taken very seriously."To date, two sets of charges have been brought by U.S. Attorney's offices, one against Todd Geiger for gas trades he reported in November 2001, and another against former Dynegy trader Michelle Valencia, for reporting in late 2000 and early 2001. In addition to alleged attempts to manipulate energy prices through fabricated price reporting, such strategies as round-trip energy trades could be prosecuted.
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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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