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Doral Renewables Selects NovaSource as Partner to Deploy the 1.6-GWdc Mammoth Solar Project in Indiana

LCG, April 21, 2025--NovaSource Power Services ("NovaSource") recently announced that it has partnered with Doral Renewables and has been selected as the Operations and Maintenance ("O&M") and Generator Operator ("GO") for the Mammoth Solar Project, one of the largest agrivoltaics facilities in the United States.

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FERC and NERC Issue Joint Report on System Performance During the January 2025 Arctic Weather

LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."

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Industry News

Former Enron Trader Arrested by FBI

LCG, June 4, 2003--A former manager of electricity trading at Enron Corp.'s Portland, Ore.-based Western trading desk was arrested while at work yesterday in Ohio, and charged with manipulating California's power market in 2000 and 2001.

The trader, John Forney, who managed Enron's real-time trading desk in June 1999, before moving to Houston in late 2000, was arrested at his office by agents with the Federal Bureau of Investigation, then released on bond following an appearance in the U.S. District Court of Columbus. According to an investigation led by the U.S. Attorney's office in San Francisco, one of the strategies used by Enron to realize gain while grid operators sought to make power available to Californians, known previously as Death Star, was called Forney's Perpetual Loop among Enron employees. The strategy involved scheduling of power transmission where no transmission actually took place. Enron was able to qualify for payments to relieve grid congestion with no adjustment necessary in the operations it claimed were planned.

Forney, 41, is the third former trader for Enron to have been charged in relation to the Western energy crisis. According to Assistant U.S. Attorney Matthew J. Jacobs, "John Forney was the architect of many of the fraudulent schemes." The trader, who was put on administrative leave by his current employer, American Electric Power Co., worked at Enron from 1993 to early 2002.
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