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

Avangrid Completes Construction of New, 120-MW Solar Project in Oregon

LCG, June 2, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced that it has completed construction of its Tower Solar project in Oregon and connected it to the electric grid. Once commissioning activity is complete, the project will deliver energy to Portland General Electric (PGE) and help support QTS operations in the region.

Read more

Industry News

Dominion Resources to Buy Louis Dreyfus Gas

LCG, Sept. 10, 2001--Dominion Resources Inc. said on Monday it had agreed to acquire Louis Dreyfus Natural Gas for $2.3 billion in cash, stock and assumed debt in a deal that would increase its natural gas reserves by 60 percent and expand its fast-growing energy trading business.

Virginia-based Dominion said it would pay $890 million in cash and exchange 0.3226 of a share for each share in Oklahoma City-based Louis Dreyfus. Based on Friday's closing price for Dominion shares on the New York Stock Exchange, the stock portion of the deal would be worth about $900 million. Dominion would also assume $505 million in Louis Dreyfus debt.

Dominion said the deal would double its energy trading and sales volumes over 2000 levels to 2.4 trillion cubic feet per year from 1.2 trillion cubic feet per year and would give the company total daily energy production capacity of more than three trillion British thermal units.

Thomas E. Capps, chief executive of Dominion Resources, said that Louis Dreyfus et Cie and its subsidiaries, which own more than 42 percent of Louis Dreyfus Natural Gas' outstanding shares, have committed to vote their shares in favor of the deal.

Dominion expects the transaction to close before the end of this year. There is a $70 million break-up fee if something goes wrong.

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