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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
El Paso Restates Proven Reserves Downward 35 Percent
LCG, Feb. 18, 2004--El Paso Corp. restated its proven natural gas reserves, taking a $1 billion charge based on the reduction in its reserves by 1.8 trillion cubic feet, to 2.6 trillion cubic feet.The revision, which was announced following the close of markets yesterday, had been expected based on earlier disclosures by the company, although expectations among analysts were for a smaller restatement than was announced. The company informed the Securities and Exchange Commission that the restatement was approaching, and that if officials desired, it would provide further information.A similar restatement was made in January, when Royal Dutch/Sheel Group of Cos. revised its estimates of proven reserves, by including 3.9 billion barrels' worth of formerly "proven" reserves of oil with totals that were considered within "scope for recovery". Proven reserves are considered recoverable, whereas the latter category indicates a lesser degree of certainty.
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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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