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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

AEP to Install New Emission Controls on Big Sandy Unit 2

LCG, April 9, 2001American Electric Power Co. Inc. said Friday it has asked the Kentucky Public Service Commission for authorization to install a new emission control system on Unit 2 of its Big Sandy generating plant near Louisa, Ky.

The control system will reduce nitrogen oxide emissions from the 800 megawatt unit by about 90 percent, the company said.

Site preparation will likely begin in the latter half of this summer, with construction scheduled to begin on the $107 million project this fall, according to Timothy C. Mosher, Kentucky state president for AEP. "This filing will help ensure that the project proceeds on schedule," he said.

AEP will install a selective catalytic reduction system on the unit. These systems use a chemical reaction to break down the nitrogen oxides into nitrogen and water. Ammonia is used to initiate the chemical reaction.

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