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

Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in 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