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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.

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Arevon Celebrates Commencement of Operations at the 300-MW Nighthawk Energy Storage Project in California

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

Con Edison Wants New York Market Rules Tightened

LCG, March 5, 2001Consolidated Edison Co. of New York said Friday that it has asked the Federal Energy Regulatory Commission to tighten up wholesale electricity market rules in New York State to prevent power plant owners from exercising market power.

"The original market power mitigation measures were established before the New YorkIndependent System Operator became operational. As the market for electricity in New York has evolved, we can clearly see that there are some loopholes in those measures. This filing is aimed at closing the loopholes and providing customers greater protection against higher electricity prices when the marketplace is not competitive," said Kevin Burke, president of Con Edison.

Burke said the company has identified "loopholes" that could add as much as $20 million to the cost of wholesale power in some months.

Con Edison wants FERC to prevent in advance all the bad things California power producers have been accused of in hindsight. The company wants to prevent generators from "gaming" the system, wants protections on bidding behavior for must-run plants, wants to discourage plant operators from withholding power in order to drive up prices, and more.

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