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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

Read more

Industry News

Ex-Enron Executive Says Documents Shredded During Investigations

LCG, Jan. 22, 2002--Enron's former director of foreign exchange and sovereign risk management told ABC News, and it was reported yesterday, that staff in Enron's accounting department were shredding documents as late as last week.

The executive, Maureen Castaneda, said "I can't tell you what they were searching for, but they were definitely interested in picking out certain documents." ABC News is investigating the allegation, which marks the first suggestion that documents within Enron are being shredded as numerous investigations within Congress and class-action lawsuits are being filed. Enron has said that it issued numerous directives to employees beginning in October to preserve all documents.

Castaneda told ABC News in an interview Monday that she had observed accounting department staff, whose offices were across the hall from hers, collecting boxes of documents after Thanksgiving, which they looked through. Shredded paper began to appear in trash bins, Castaneda said.

Rep. James Greenwood, R-Pa., chairs the House subcommittee that will hold a hearing this week relating to accounting firm Arthur Andersen's shredding of documents. He said, "if anyone in Enron, or for that matter Arthur Andersen, is shredding documents that have anything to do with this entire matter, they are going to be in a whole lot of trouble."

Destruction of documents requested by the SEC or other branches of the government is considered by experts to constitute a crime.
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