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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
Goldman Sachs Acquires European Trading Books
LCG, Mar. 7, 2003--The presence of U.S. energy companies in European energy trading has receded further with the announcement by investment bank Goldman Sachs Group Inc. that it has bought trading books from Dynegy Inc. and El Paso Corp.The two energy companies were seen by analysts as being too highly leveraged to continue trading. Goldman Sachs had earlier been in a partnership with the trading operations of Constellation Energy Group, which owns power plants. Fox-Pitt Kelton analyst Reilly Tierney told Reuters that energy prices "are clearly at distressed levels, so if you thought that the business is going to come around this makes a lot of sense."Goldman joins a number of other banks that have energy trading, including UBS Warburg, Deutsche Bank, Barclays Capital and BNP Paribas, a French concern. Although representatives of the bank did not disclose how much was paid for the two trading books, El Paso said last month that its gas portfolio in Europe had been purchased for $80 million by an unnamed buyer.
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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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