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

Judge Won't Block New York Power Plants for Now

LCG, April 11, 2001New York State Supreme Court Justice Joseph Golia, who last week ruled that the state's Power Authority illegally bypassed environmental rules when it approved a temporary mini-power plant in Queens, has given the NYPA another chance to follow the rules.

The New York Power Authority is seeking to have 11 small, natural gas-fired combustion turbines installed at six sites in New York City and one on Long Island in time for an expected summer power crunch. The small facilities are being opposed by neighborhood groups, even though they are to be located in industrial areas, close to power infrastructure, and will result in a net decrease in pollution.

In a similar case in Brooklyn, a local judge ruled last Friday that the NYPA had acted properly when it decided to build the 11 small plants. The Brooklyn ruling makes it more likely that an adverse ruling by Golia would be appealed.

NYPA lawyer Steve Kass said the authority is asking Golia to delay the effect of his decision so it can make an appeal to a higher court. New York City has filed a similar proposal.

Judge Golia said okay, you have until Monday. "I will definitely sign an order by Monday," he said, "One of these orders."

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