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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
Morgan Stanley and Reliant Resources Settle Market Allegations with FERC
LCG, September 2, 2003The Federal Energy Regulatory Commission came to settlements with Morgan Stanley over alleged violations of trading rules and with Reliant over allegedly manipulative trading behavior. Morgan Stanley has agreed to pay $857,089 in order to set aside claims that it was not in compliance with electricity market rules during the Western power crisis of 2000 and 2001. Reliant Resources and FERC also came to an agreement over the companys allegedly manipulative electricity trades. Reliant has said it will pay $836,000 in order to bypass accusations that it double-sold ancillary services. The amount is supposed to reflect the profit that the company made by its alleged practices. The settlements were filed on Friday. Morgan Stanleys settlement still faces FERC board approval. FERC has encouraged companies involved in questionable behavior during 2000 and 2001 to try to settle allegations before November 3. An administrative law judge will preside over cases in November, when formal hearings begin.
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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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