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News
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LCG, May 28, 2026--DTE Energy yesterday announced a $1.6 billion investment to develop Michigan-made battery energy storage systems across Michigan through partnering with LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution.
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LCG, May 27, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Microsoft for the 140 MWdc (100 MWac) Bluebird Solar project in Klickitat County, Washington. Bluebird is located near four other energy projects owned and operated by Avangrid in Klickitat County and represents another $300 million investment in the community. The Bluebird Solar project is expected to achieve commercial operation in 2028.
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Industry News
Enron Shares Slide Below $10
LCG, Nov. 7, 2001--Shares in Enron Corp., once the darling of Wall Street, slid below $10 for the first time in ten years yesterday as the huge energy company struggled to shore up its balance sheet and calm the nerves of investors shaken by what appear to be shady business deals.Enron stock closed down $1.50 yesterday on the New York Stock Exchange, a drop of 13.4 percent. The closing price of $9.67 is the lowest since May 1992, and that's when Enron was HNG/Internorth Inc.The company has been unable -- or unwilling -- to explain how off-the-balance-sheet transactions could reach both the income statement and the balance sheet. The deals resulted in a $1 billion charge against earnings and a write-down of $1.2 billion in shareholder equity.Those transactions, made with partnerships headed by Andrew Fastow, who was at the same time chief financial officer of Enron, are the target of an investigation by the U.S. Securities and Exchange Commission.Fastow was placed on unpaid leave of absence in late October and replaced as chief financial officer. But it was an earlier departure that first raised eyebrows.In August, Jeff Skilling, heir apparent to Chairman Kenneth Lay, abruptly resigned as chief executive saying only that he wanted a change of lifestyle. He may have envisioned at the time the lifestyle now being suffered by lay, who resumed the role of chief executive -- a lifestyle that includes answering embarrassing questions posed by federal investigators and reporters.Industry observers feel that Enron isn't coming clean. "Senior people (are) making pronouncements without fully understanding the nature of what they're talking about and that in turn gives the impression that they're hiding something," said one.Still, last year Enron earned $1.4 billion on revenues of $100 billion. Behind the perceived obfuscation lurks a pretty good company.
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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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