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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

Enron Prepared for Higher California Energy Prices

LCG, Apr. 11, 2002--A state senator from California testifies today before a U.S. Senate Commerce Committee on internal Enron documents indicating that the company secured large amounts of electric power and natural gas in mid-2000 before a surge in wholesale electricity prices set off a power crisis in the Western states.

The senator, Joseph Dunn, has prepared remarks concerning evidence that Enron was betting on large price increases. The company said during the height of the power supply crisis in 2001 that it was not deriving benefit from the higher prices, due to the increased cost of obtaining power. It cited such costs as a reason to back out of a direct service, four-year power supply contract with the state university system in February 2001.

Dunn will say of electricity purchases, "we know from the daily position reports, which Enron provided our committee, that as the summer of 2000 approached, Enron's traders had taken increasingly 'long' positions in the market..." According to Dunn, the tracking of gas purchases show the company wanted to become a net seller of gas. Remarks obtained in advance reflect a finding that "staggering shifts, a veritable sea change, from short to long positions are found in Enron's own books."

Additional testimony will cover the company management's opinions concerning the effects of deregulation. Within Enron, a strong supporter of the deregulated marketplace, documents indicated that "internal predictions do not appear to support...hyperbolic promises" concerning lower consumer prices.
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