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

ElectriCities Warns: Slow Down on Dereg

LCG, Dec. 21, 2000--ElectriCities of North Carolina Inc., casting an eye 3,000 miles west to California's trouble electricity market, urged lawmakers in its home state yesterday to study deregulation further before doing anything rash.

ElectriCities, which represents 72 community electric systems in North Carolina, said the state legislature's Study Commission on the Future of Electric Service in North Carolina "should conduct further studies as to the actual impact of deregulation on all segments of consumers before legislation proceeds."

This is a turnaround for the agency, which previously endorsed an aggressive approach to deregulation. Times have changed, ElectriCities said, because of:

  • Problems with deregulation in California and other states.

  • A rise in wholesale prices for natural gas.

  • Insufficient study on market domination.

  • The need for public hearings to determine actual utility stranded costs.

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