EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

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.

Read more

Construction Starts on Panamint Capital's 1.2 GW Solar Project in Texas

LCG, July 23, 2026--Panamint Capital announced today that construction has commenced at Big Rooter Power, a nearly 1.2 GWdc solar PV project located at the company's Twin Oaks power station in Robertson County, Texas. The $1.7 billion will be the largest solar project built at an existing coal mining site in North America.

Read more

Industry News

Duke Enters Salt Cavern Gas Storage Business

LCG, Aug. 31, 2000Duke Energy Gas Transmission Corp. said yesterday it will get into the natural gas storage business by purchasing two salt cavern facilities from Nisource Inc. for $400 million in cash and debt.

The Duke Energy Corp. subsidiary said it was "enthusiastic" about getting into a side of the business that is becoming increasingly valuable in the natural gas marketplace.

Duke agreed to buy a gas storage business known as Market Hub Partners from Nisource. The company said the salt cavern storage has 23 billion cubic feet of storage capacity with significant expansion capability.

Market Hub's facilities are "well suited to meet load swings brought about by gas-fired electricpower generation and the peak winter heating load growth of local distribution companies," said Robert Evans, president of DEGT. "Additionally, the location (provides) additional supply security to mitigatethe effects of severe weather conditions in the Gulf Coast supply region."

The two facilities are Moss Bluff in Liberty County, Texas, and Egan in Acadia Parish, La. Both are situated near industry-recognized market hubs at the convergence of major interstate and intrastate natural gas pipelines and serve as aggregation points for natural gas collected along the Texas and Louisiana Gulf coasts.

Under the terms of the transaction, DEGT will pay Nisource $250 million cash and assume $150 million in debt. The companies expect to close the deal this year, pending approval by the Federal Trade Commission.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service