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

AEP Restarts Cook Unit 1 Nuclear Plant

LCG, Dec. 18, 2000--American Electric Power Co. Inc.'s 1,020 megawatt Cook Unit 1 nuclear power plant was restarted at 5:00 a.m. CST this morning, the company said, and at noon plant engineers and operators were completing tests before increasing power.

Once the reactor reaches about 9 percent power, the output of the generator will be connected tothe AEP transmission grid, the company said. Ascension to full power includes several hold points for additional system checks and tests, but if progress continues at the current pace, the unit should reach full power before the end of the year, AEP said confidently.

Last week, Bob Powers, AEP senior vice president for nuclear generation, said "There's always the potential that emergent maintenance items could impact the schedule, but if our progress continues at the current pace, we'll beat our first quarter 2001 projection."

Now, with the restart behind them, Cook's operators are planning to have the unit at 100 percent of capacity by New Year's Eve.

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