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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

Enron Executive Urged Legal Review of Partnerships

LCG, Jan. 15, 2002--Enron Chairman Kenneth Lay was urged in August of last year by a senior executive in the company to have a law firm examine the firm's involvement with and accounting practices concerning outside partnerships.

The executive, whom the Washington Post identified as Sherron Watkins, vice president for corporate development, worked for Andrew Fastow, the chief financial officer who handled Enron's dealings with the partnerships. In a letter to Lay, Watkins wrote, "I am incredibly nervous that we will implode in a wave of accounting scandals." Watkins also wrote, "is there a way our accounting gurus can unwind these deals now?"

The outside law firm of Vinson & Elkins interviewed Fastow following an Oct. 15 request for a legal review covering the concerns raised in the letter, investigators with the House Energy and Commerce Committee determined. The law firm's conclusions were that no further inquiry was needed, due to the awareness of the firm's senior executives of the facts that Watkins had emphasized. The day following the review, Enron announced third-quarter earnings representing $1 billion in losses, and a $1.2 billion reduction in shareholder equity.

Rep. W.J. "Billy" Tauzin, R-La., chairman of the House Energy and Commerce Committee, responded to the substance of the letter to Lay by issuing a call for documents covering the same issues as the letter, and those reflecting the internal response to the letter at Enron. John Dingell, D-Mich., the ranking member of the House Energy and Commerce Committee, asserted that "there's pretty strong evidence of insider trading, there's clear evidence of failure to file honest and correct annual reports."

Robert Bennett, Enron's Washington attorney, expressed concern that House members were making up their minds before a full investigation of the facts.

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