EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

Read more

Google Sign 396 MW PPA with Fervo Energy for Geothermal Power

LCG, September 3, 2026--Fervo Energy earlier this week announced a 396-MW power purchase agreement (PPA) with Google to enable the continued development of the Cape Station enhanced geothermal systems (EGS) GeoCluster, located in southwest Utah. Under the agreement, Google will purchase carbon-free, 24/7 electricity designed to serve as a foundational building block for a potential data center in Utah. The facility is expected to come online in 2028.

Read more

Industry News

J.P. Morgan Acknowledges Round-Trip Trading with Enron

LCG, December 4, 2002-A lawyer for J.P. Morgan Chase has disclosed the company's involvement in circular trades with Enron Corp.

J.P. Morgan Chase is currently in court, attempting to recover $1 billion in surety bond coverage from 11 insurance companies who guaranteed contracts between Enron and J.P. Morgan.

The insurance firms assert that they were not aware of the type of deals at the time and now say the trading added up to loans to Enron, not the sale of gas or oil.

J.P. Morgan had, via another unit named Mahonia, bought oil and gas for $1.9 billion from Enron. Mahonia could then sell the oil and gas back to any company, including Enron.

The insurance firms' lead attorney showed deals yesterday involving Mahonia buying and Chase selling the same oil from and to Enron on the same day in the same transaction. These deals would result in only money changing hands, but not any commodities whatsoever.

J.P. Morgan Chase's attorney said at the questioning of Judge Jed Rakoff, that the trades were circular. While J.P. Morgan Chase admits knowing the nature of the trades, the company still contends that the deals were not loans.

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