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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

Ohio Consumers' Counsel Sues Defaulting Gas Supplier

LCG, Dec. 11, 2000--The Ohio Consumers' Counsel filed a lawsuit Friday charging D&L Gas Marketing, a natural gas supplier based in Youngstown, with breaching its contracts with more than 4,500 customers in the Columbia Gas of Ohio customer choice program.

In late July and early August, D&L sent a letter to each of its 4,500 customers giving notice that as of November 1 the company would withdraw as a natural gas supplier from the Columbia Gaschoice program. Customers, who had enrolled under a 12-month service contract, were given 90days to switch to another natural gas supplier or be returned to Columbia Gas at its higher regulatedrate.

But under the terms and conditions of D&L's contract, the company was allowed to terminate service with a customer only at the end of the initial 12-month contract term or if a customer failed to make payments, the Consumers' Counsel charged.

Customers of D&L had contracts with fixed rates between $0.37 per ccf and $0.48 per ccf.Customers who did not select another supplier were returned to Columbia Gas and were subject toits November 1 rate of $0.74 per ccf, the consumers advocate said.

"D&L's actions have caused financial harm to its customers. As the residential utility advocate the OCC is determined to see that all affected customers receive the compensation they deserve," saidRobert S. Tongren, the Ohio Consumers' Counsel.

"We cannot allow someone to jeopardize the economic democracy that this choice program hasprovided Ohio consumers," he added. "Too many people have worked too hard to make Ohio's program a national model. We are taking this action now to maintain the integrity of the choice program."

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generation and Transmission Planning and Optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service