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News
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LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.
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LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.
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Industry News
Key Enron Unit Lied About Profits, Former Employee Alleges
LCG, Jan. 25, 2002--A former sales director at Enron, Margaret Ceconi, found soon after starting at the company that Enron Energy Services, which made wholesale energy deals with corporations, was making losses on nearly all of its deals, she told Reuters Thursday.After working at Enron for approximately nine months, Ceconi was laid off in a reorganization in mid-2001. Ceconi then sent an e-mail to then-chairman Ken Lay and Enron's board that laid out her concerns that EES' financial statements showed profitability for every quarter, beginning in the fourth quarter of 1999. Her attorney, Demetrios Anaipakos, said there was "a genuine concern on her part that EES had essentially been playing a shell game, window-dressing its own alleged profits."According to Ceconi, the losses were masked by other activity in the wholesale energy business units. "This is common knowledge among all the EES employees and is actually joked about. But it should be taken seriously," she said.A University of San Diego law professor unconnected with Ceconi offered testimony to the Senate Governmental Affairs Committee yesterday that reinforced the sense that Enron made large losses, which were covered up by profits in other areas. Frank Partnoy said he believed, based on "written information, e-mail correspondence and telephone interviews," that revenues from the company's derivatives trading business were used to cover up unprofitable activities.Partnoy said that Enron's profitable use of derivates, financial contracts which are valued based upon prices of commodities or securities, enabled the company to lie to the financial community about its losses from speculation in risky stocks and its failed ventures in retail energy, water and broadband services.He stated that by expertly inflating its billions of dollars in profits from derivatives, the company intentionally created false accounting statements. The professor said that regulation of derivatives and capital markets were necessitated by the role of "auditors, law firms, banks, securities analysts, independent directors and credit rating agencies" in the company's demise.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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