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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
Mirant Debt Exchange Said to Have Significant Backing
LCG, June 30, 2003--Mirant Corp., which has so far narrowly avoided seeking bankruptcy due to liquidity problems, has said that an offer to bondholders to exchange unsecured bonds for secured bonds has the support of two-thirds of those holding the merchant power developer's debt.The company stated that it believes it can gain the 85 percent support needed to go ahead with the restructuring, based on the support it says was indicated by an informal committee of bondholders. The secured bonds would mature in 2008, two years later than current bonds. Mirant has told banks that they would have equal priority with bondholders as concerns as much as $1.1 billion in claims.Mirant has $8.9 billion worth of outstanding debt, and has a payment of $1.125 due next month. In order to increase the chances that its current offer will be accepted, it has included provisions for cash payouts, higher interest rates, and warrants for stock purchases.
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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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