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

Bush Cabinet Members Had Early Warnings On Enron

LCG, Jan. 11, 2002--President Bush was informed yesterday of two phone calls to Cabinet members by Kenneth Lay, Enron chairman, to signal serious financial trouble within Enron, according to Ari Fleischer, the White House spokesman.

Enron representatives have said and a Federal Reserve spokesman confirmed that Lay also contacted Alan Greenspan at the Federal Reserve. The Enron officials said that the communications were meant to make known the possibility that Enron would need to file for bankruptcy.

One of the Cabinet members who received a call was Commerce Secretary Donald Evans. According to Evans, the chairman requested assistance with the company's debt rating. The other, Treasury Secretary Paul O'Neill, said he was not asked for anything. O'Neill received one call in October and another in November, the spokesman said.

Fleischer characterized the appeal in question as representing "a case where a contributor called up and asked for something but did not get it," referring to Enron corporate and individual political contributions to President Bush's political campaings. Attorney General John Ashcroft officially recused himself yesterday from investigation into the matter of Enron's financial meltdown, due to his having received assistance from Enron in his own senatorial campaign.

Arthur Andersen, which has served as Enron's accounting firm, revealed yesterday that it had destroyed what it called a "significant" volume of documents relevant to Enron. The documents were disposed of before a subpoena was received from the SEC, according to a company statement. The activity was characterized as possibly leading to disciplinary action within the firm for those involved.

President Bush recalled that his predecessor as Texas governor, Ann Richards, appointed Kenneth Lay head of the Governor's Business Council: "and I decided to leave him in place, just for the sake of continuity. And that's when I first got to know Ken and worked with Ken." Bush reiterated a desire that employees' retirement savings be protected from problems experienced by their corporate employer. Fleischer indicated that Bush had not been in contact with the Enron chairman since last spring.

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