EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Avangrid and Puget Sound Energy Sign PPA, Including Upgrade and Life Extension, for Washington Wind Project

LCG, May 19, 2026--Avangrid, Inc., a member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the 199.5-MW Big Horn I wind project in Klickitat County, Washington. This agreement represents the fourth PPA executed by the two companies for projects in the Pacific Northwest.

Read more

DOE Acts to Ensure Key Coal-fired Power Plants Are Available in MISO to Supply Peak Summer Demands

LCG, May 18, 2026--The U.S. Secretary of Energy today issued an emergency order to address critical grid reliability issues in the Midwest anticipated this summer. The order is in effect beginning on May 19, 2026, through August 16, 2026. The emergency order directs the Midcontinent Independent System Operator (MISO), in coordination with Consumers Energy, to ensure that the J.H. Campbell coal-fired power plant (Campbell Plant) in West Olive, Michigan shall take all steps necessary to remain available to operate and to minimize costs for the region.

Read more

Industry News

Lay Appears, Asks Senators Not to Draw Negative Inferences

LCG, Feb. 12, 2002--Former Enron Chairman Ken Lay made a brief statement to the Senate Energy and Commerce Committee today, in which he said the decision not to testify had come only after "agonizing consideration" - and the advice of his lawyer.

Lay asked the committee members "respectfully" not to "draw any negative inference." Without the opportunity to ask questions of Mr. Lay, who invoked his Fifth Amendment right against self-incrimination, committee members lambasted the former chairman in turn for leading what Sen. Jean Carnahan, D-Mo. called a "ship without a rudder." Among the consequences of Enron's collapse, the speakers identified a possible decline in the public's trust in corporate leadership and increased fear of investing in the capital markets.

Sen. Gordon Smith, R-Ore., made the rebuke, "this is not capitalism. This is a conspiracy that may be a crime." Lay, who was responding to a subpoena from the committee, listened silently for the next hour.

Following Lay's appearance, he was succeeded by William Powers, who was appointed by the Enron board to produce an internal report on the causes of Enron's collapse. Powers, who responded to questions about the substance of his report, said that Lay allowed outside partnerships arranged by senior executives to mislead and harm investors. Powers also testified that he found "substantial evidence that Mr. Skilling was involved." Jeffrey Skilling, who stepped down abruptly from his position as CEO of Enron in the summer of last year, testified before Congress last week that he had not seen documents pertaining to key partnerships that were used to hide Enron losses.

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