Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

Read more

PG&E and Tesla Commence Construction on the Moss Landing Battery Energy Storage System

LCG, July 30, 2020--PG&E and Tesla have commenced construction of the 182.5-MW lithium-ion battery energy storage system (BESS) at PG&E's electric substation in Moss Landing in Monterey County, California.

Read more

Industry News

Ex-Enron Executive Says Documents Shredded During Investigations

LCG, Jan. 22, 2002--Enron's former director of foreign exchange and sovereign risk management told ABC News, and it was reported yesterday, that staff in Enron's accounting department were shredding documents as late as last week.

The executive, Maureen Castaneda, said "I can't tell you what they were searching for, but they were definitely interested in picking out certain documents." ABC News is investigating the allegation, which marks the first suggestion that documents within Enron are being shredded as numerous investigations within Congress and class-action lawsuits are being filed. Enron has said that it issued numerous directives to employees beginning in October to preserve all documents.

Castaneda told ABC News in an interview Monday that she had observed accounting department staff, whose offices were across the hall from hers, collecting boxes of documents after Thanksgiving, which they looked through. Shredded paper began to appear in trash bins, Castaneda said.

Rep. James Greenwood, R-Pa., chairs the House subcommittee that will hold a hearing this week relating to accounting firm Arthur Andersen's shredding of documents. He said, "if anyone in Enron, or for that matter Arthur Andersen, is shredding documents that have anything to do with this entire matter, they are going to be in a whole lot of trouble."

Destruction of documents requested by the SEC or other branches of the government is considered by experts to constitute a crime.
Copyright © 2020 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Daily LMP Forecast for ERCOT
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service