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News
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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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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
Iowa House Passes Power Plant Measure
LCG, April 4, 2001The lower chamber of the Iowa legislature has approved 55-44 a measure that would make it easier to build new power plants in the state. The vote came at 11:30 p.m. Monday after five hours of mostly partisan debate.Republican said the legislation would help Iowa avoid the fate of California, which suffers from an insufficiency of power supply. "It's not the kind of issue where I think we can postpone it for a year," said House Majority Leader Christopher Rants, a Sioux City Republican. "I don't want to have a study for a year because we get ever closer to the point where we are out of capacity."Democrats called the bill "back-door deregulation," saying it would allow utilities serving the state to purchase power from their own unregulated affiliates and resell it to Iowans at higher prices. Rep. Bill Dotzler, a Waterloo Democrat, called the bill "a sneaky snake that will come around and bite Iowa consumers."The bill now moves to the state Senate, where it must be approved in committee this week or be dead for the current session. Even if the Senate passes the measure, it is uncertain at best whether Gov. Tom Vilsack will sign it.The last time he commented on the legislation, the governor said "This bill does not address, in any meaningful way, issues relating to renewable energy or alternative energy sources."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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