EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

Read more

New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

Read more

Industry News

Lay Appears, Asks Senators Not to Draw Negative Inferences

LCG, Feb. 12, 2002--Former Enron Chairman Ken Lay made a brief statement to the Senate Energy and Commerce Committee today, in which he said the decision not to testify had come only after "agonizing consideration" - and the advice of his lawyer.

Lay asked the committee members "respectfully" not to "draw any negative inference." Without the opportunity to ask questions of Mr. Lay, who invoked his Fifth Amendment right against self-incrimination, committee members lambasted the former chairman in turn for leading what Sen. Jean Carnahan, D-Mo. called a "ship without a rudder." Among the consequences of Enron's collapse, the speakers identified a possible decline in the public's trust in corporate leadership and increased fear of investing in the capital markets.

Sen. Gordon Smith, R-Ore., made the rebuke, "this is not capitalism. This is a conspiracy that may be a crime." Lay, who was responding to a subpoena from the committee, listened silently for the next hour.

Following Lay's appearance, he was succeeded by William Powers, who was appointed by the Enron board to produce an internal report on the causes of Enron's collapse. Powers, who responded to questions about the substance of his report, said that Lay allowed outside partnerships arranged by senior executives to mislead and harm investors. Powers also testified that he found "substantial evidence that Mr. Skilling was involved." Jeffrey Skilling, who stepped down abruptly from his position as CEO of Enron in the summer of last year, testified before Congress last week that he had not seen documents pertaining to key partnerships that were used to hide Enron losses.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service