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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

FPL Unit May Build 500 Megawatt Louisiana Plant

LCG, April 10, 2001The Shreveport-Bossier Port Commission in Louisiana said yesterday it is in negotiations with Florida-based FPL Energy for the company to build and operate a 500 megawatt power plant at the Red River port.

The commission said that construction on the plant could begin in the spring of 2002 and the facility could begin producing power in 2003. The expected cost of the facility is between $400 million and $500 million.

FPL Energy is a subsidiary of FPL Group Inc.

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