Codenames: Photon, Pulsar
But as I was saying, I know nothing about this character, but I was immediately intrigued. That said, let's learn about her together shall we?
Monica Rambeau has always been devoted to serving and protecting the public, both as herself and in her various costumed guises. Before she became one of the brightest stars in the age of marvels, Monica Rambeau was a dedicated lieutenant in the New Orleans harbor patrol, partnered with the daring John Audain. Monica's life changed when old Rambeau family friend Professor Andre LeClare came to her for help; he had developed an other-dimensional energy-tapping device with financial support from South American dictator Ernesto Ramirez, who intended to use LeClare's technology to create incredibly dangerous weapons. Ramirez had already begun adapting the technology for his own purposes with the aid of scientist Felipe Picaro, but LeClare and Rambeau joined forces to destroy Picaro's prototype. In the process, Rambeau was bombarded by the device's extra-dimensional energies and gained the power to convert her own body into energy and back again at will. LeClare urged her to use this power as a crimefighter, and she left the harbor patrol to become a full-time adventurer.
Dubbed Captain Marvel by the media, Rambeau sought out the Avengers for help in mastering her new powers and became a member-in-training of their group. Befriended and mentored by Avengers veterans Captain America and the Wasp, Monica soon graduated to full membership, serving a lengthy stint during which she became one of the team's most valuable and respected members. One early complication was the memory of an earlier Captain Marvel, the legendary alien warrior Mar-Vell, a deceased honorary member of the Avengers. Rambeau felt awkward about inheriting his title after she learned of his existence, but she retained the name since the Avengers and others regarded her as a worthy heir to Mar-Vell's heroic legacy. Another new Avengers recruit, Mar-Vell's close friend Starfox (Eros), disapproved of Monica using the Captain Marvel name at first; but even he was soon impressed by Monica's character and ability, giving her his blessing and saluting the new Captain Marvel.
As an Avenger, Monica faced foes such as Maximus, the Enclave, Annihilus, the Lava Men (who mistook her for the divine Lady-of-Light of their legends), Morgan Le Fay, the Dire Wraiths, Maelstrom, the Skrulls, Kang, Attuma, Freedom Force, an insane Quicksilver, Tyrak, and Grandmaster's Legion of the Unliving, even battling an army of Earth's major super-criminals during the Beyonder's Secret Wars alongside many of Earth's foremost heroes. Two of Monica's earliest recurring enemies were super-powered psychiatrist Moonstone (Karla Sofen), who became one of Monica's bitterest foes, and Moonstone's powerful pawn Blackout (Marcus Daniels), who wielded the eerie Darkforce. Captain Marvel first encountered them when the Avengers opposed the duo's escape from incarceration in Project: PEGASUS. The pair would later return as members of Baron (Helmut) Zemo's Masters of Evil, participating in an occupation of Avengers Mansion and trapping Monica in the Darkforce dimension; but Captain Marvel escaped in time to help retake the Mansion during a series of skirmishes that left Moonstone temporarily crippled and Blackout dead. Another of Monica's major early foes was the murderous interstellar pirate Nebula, who shanghaied Monica into space for an extended period before she was reunited with the Avengers; but while Monica's adventures spanned space and time, she remained one of the most down-to-Earth Avengers. Her powers allowed her to make frequent visits to her native New Orleans, where she maintained a close and loving relationship with her parents. She even started a charter fishing business, eventually working on the water alongside her father, a retired firefighter and Monica's original heroic inspiration.
When an exhausted Wasp stepped down as Avengers chairwoman, Captain America nominated Captain Marvel to replace her as team leader. Though she was overwhelmed at the prospect, Monica accepted the post and filled it quite capably at first, even seeing the team through a conflict with the Olympian gods; however, Monica became increasingly uneasy in her new role, a situation made worse after ambitious new recruit Doctor Druid began undermining her leadership. Finally, when honorary Avengers member Marrina transformed into the gigantic sea monster Leviathan, Captain Marvel led the hunt for the creature; during the battle that followed, Monica made contact with sea water while in her electrical form and accidentally conducted herself across the surface of the ocean, depleting her energies so gravely and dispersing her atoms so widely that she could barely regain physical form, emerging as a frail, withered husk of a woman devoid of super-powers. Forced to retire from the team, Monica fought her way back to health and eventually regained her powers, though in a reduced and altered form that allowed her to surround herself with a manipulable energy field. She resumed crimefighting, facing foes such as Brazilian crimelord Kristina Ramos, Moonstone, Powderkeg, the Sons of the Serpent, the Blue Marvel and the alien Starblasters. At the same time, she served as a cargo ship captain in her friend Ron Morgan's shipping company before starting her own charter business. Her original powers gradually regenerated, fully returning after the alien Stranger helpfully accelerated the process.
To be honest, I'm a bit surprised by the power of this character. I mean, I'd heard about the awesomeness of POC in the comic book world, but I've also heard a lot of complaints recently. Makes a pygmy hesitate.