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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

Oklahoma, Arkansas Differ on Empire-UtiliCorp Plan

LCG, Dec. 13, 2000--The Arkansas Public Service Commission agreed with its administrative law judge that the proposed merger of Empire District Electric Co. and UtiliCorp United Inc. should not be approved.

The Corporation Commission of the State of Oklahoma issued an order approving the merger of the two companies.

In Arkansas, the administrative law judge ruled that Empire and UtiliCorp's proposed regulatory plan should not be approved and because he was unable to separate the application for approval of the merger and the proposed regulatory plan, and he therefore could not conclude that the merger wasconsistent with the public interest.

Empire and UtiliCorp jointly plan to file a petition for a rehearing.

In Oklahoma, regulators did not address any of the issues relating to Empire and UtiliCorp's proposed regulatory plan, but indicated that these issues would be taken up if raised in any future rate proceeding.

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