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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
NYMEX to Introduce PJM Futures contracts
LCG, Feb. 21, 2003--Incentives in the form of up to $200,000 in reimbursement of costs will be offered by the New York Mercantile Exchange (NYMEX) to induce floor brokers to trade Pennsylvania-New Jersey-Maryland (PJM) electricity futures contracts.The futures are to be traded shortly, and will take the form of monthly, weekly, and daily contracts for PJM's western hub. As many as 100 two-year permits will be made available to brokers. As long as the brokers meet certain volume requirements, they can be reimbursed for salary and benefits of floor brokers, telephone and other such costs.The president of the NYMEX, J. Robert Collins, stated, "This is yet another example of the Exchange's innovative approach to expanding its participant base and establishing liquidity in new markets. It provides an excellent opportunity to become involved in the early stages of a contract that we anticipate will be as successful as our other major energy markets."
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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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