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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

Newsmakers

Three Changes on KeySpan Board This Weekend
KeySpan Corp. said last Friday that three new members had been elected to its board of directors to replace Vincent Tese, who is resigning, and George Bugliarello and Basil A. Paterson, whoare retiring, effective December 31. The new directors are:

  • Andrea S. Christensen, a partner with the law firm of Kaye, Scholer, Fierman, Hays & Handler.

  • Vicki L. Fuller, a senior vice president of Alliance Capital Management Corp.

  • James L. Larocca, an adjunct professor at Long Island University and a former Energy Commissioner of New York State.

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