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Federal Government uses UPLAN model to examine price volatility in ERCOT

LCG, October 11, 2022--The U.S. Energy Information Administration, or EIA, released its latest supplement to the Short-Term Energy Outlook (STEO) in the Texas market, assessing various possible scenarios using LCG’s UPLAN NPM model, with a special focus on the effects on wholesale power prices and market conditions.

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Michigan Governor Supports Reopening Palisades Nuclear Facility

LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.

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Industry News

ERCOT reviewed Frio County Transmission Project

June 18, 2020 - In November 2019, 7X Energy submitted the Frio County Transmission Project to the ERCOT Regional Planning Group (RPG) as an economic-driven project to address projected transmission congestion in the Frio County area. This is supported by an independent economic benefit study performed by LCG Consulting using its proprietary UPLAN model, the same economic planning model utilized by ERCOT, in accordance with ERCOT procedures. LCG’s analysis shows significant annual production cost benefit for the transmission upgrades in question.

In the independent review completed in May 2020, ERCOT identified transmission congestion on the 69-kV and 138-kV transmission system in Frio County, and a total of seven transmission upgrade options were evaluated. ERCOT concluded that the upgrades identified in Option 5 would provide the most cost-effective solution to the identified congestion while meeting the ERCOT economic planning criteria. Option 5 is estimated to cost $12.13 million and is described as follows:
  • Rebuild the Moore – Big Foot 138-kV line such that the summer normal and emergency ratings are at least 485 MVA

  • Reconductor the Moore – Hondo Creek 138-kV line such that the summer normal and emergency ratings are at least 382 MVA

The recommended option is classified as a Tier 2 project based on the ERCOT Protocol Section 3.11.4.3(2), and the project is expected to be in-service by Summer 2021.
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