EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

Read more

NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

Read more

Industry News

Enron Crash Cost Workers Their Life Savings

LCG, Dec. 19, 2001--Two longtime employees of Enron Corp. subsidiary Portland General Electric Co. testified yesterday before the U.S. Senate Commerce, Science and Transportation Committee, saying that their life savings had been wiped out by the collapse of the energy giant.

Bob Vigil and Don Eri are among the nearly 1,000 members of International Brotherhood of Electrical Workers Local 125 who are victims of Enron's November bankruptcy, the union said.

"Little did those of us working hard every day to make the company successful know what was going on at the top of Enron," said Bob Vigil, an electrical machinist working foreman, in prepared testimony. "We trusted management's glowing reports of strong financial growth and opportunity. Then in October, Enron's house of mirrors came crashing down."

Vigil and Eri told the hearing chaired by Sen. Byron Doran, a North Dakota Democrat, that Enron prevented the workers from protecting themselves, even after the company's nosedive became apparent.

On the same day the federal Securities and Exchange Commission launched an investigation, employee investment accounts were frozen, leaving workers to watch the company stock value plunge to penny stock status, the union said

"It's unconscionable that hard-working, dedicated workers were forced to sacrifice their life savings to prop up a failing company," said IBEW President Edwin D. Hill. "Those who ran the company into the ground certainly aren't wiped out financially -- just the workers who made their success possible."

And, it should be noted, shareholders, bondholders, creditors, trading partners and others.

Copyright © 2026 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