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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
Ratepayers to Pay for Stranded Assets in Texas
LCG, Feb. 4, 2004--The extensive building of new power plants in Texas has rendered many older plants less profitable than they would otherwise be, but according to the state's 1999 deregulation law, the impact on utilities will be reduced through stranded asset charges on consumers' electricity bills.The amounts of such charges will be greater than utility commissioners or lawmakers anticipated, and stem in part from the fact that little surplus power generated within the state can be exported to neighboring regions.Stranded asset charges are essentially calculated as the difference between plants' book value and their market value, which are expected to be between $4 billion and $5 billion for CenterPoint Energy Inc., originally Houston Power & Light. This averages approximately $1,000 per customer around Houston. The charges will mean that consumers will not receive refunds as had been anticipated by the Public Utility Commission of Texas in 2001. In the case of TXU Corp., however, a 2002 settlement of $1.3 billion has limited the amounts to be paid by ratepayers for older plants.
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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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