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Southwest Power Pool Board Approves New Process to Accelerate High Impact Large Load Connections

LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.

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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.

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Industry News

A Shocker: Enron's Jeff Skilling Resigns

LCG, Aug. 15, 2001--Jeffrey K. Skilling, chief executive for just six months of Enron Corp., unexpectedly resigned yesterday for unspecified personal reasons, leaving Chairman Kenneth Lay to reassume the office he had turned over to Skilling last February.

Under Skilling, Enron has become the energy industry's middleman, providing markets for trading natural gas and electricity. The company has also pioneered in trading of fiber-optic bandwidth and trades in metals and paper. But Enron's market capitalization has been unable to resist broader market forces and has tumbled 50 percent in the past year.

Skilling said yesterday "The company is in great shape and I feel bad that anything I do is construed as something about the company," and Lay chimed in "I can honestly say I never felt better about the company."

More formally, Lay said "We regret Jeff's decision to resign, as he has been a big part of our success for over eleven years. But, we have the strongest and deepest talent we have ever had in the organization, our business is extremely strong, and our growth prospects have never been better."

The decline in Enron's stock has taken place despite growing earnings. The company is large enough to shrug off a failed foray into trading broadband access to the Internet but that venture made news, as did the fact that the company is under investigation by California legislators over alleged price manipulation in that state's power market.

Skilling said yesterday that what he termed a "meltdown" in the broadband business came as a surprise, but he believes the underlying demand is there. He also said the California investigations are unlikely to lead to significant penalties.

It was Skilling, who joined Enron in the 1980s from the consulting firm McKinsey & Co., who put Enron in the trading business. He was working for a McKinsey client, gas pipeline operator InterNorth of Omaha, Neb., helping the company hedge against high contract costs. When InterNorth merged with Houston Natural Gas Co. to form what later became Enron, Skilling came with it, and brought with him his ideas about energy trading.

Skilling said he will continue to serve Enron as a part-time consultant.

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