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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

NRC Braces for New Nuclear Plant Applications

LCG, April 12, 2001The Nuclear Regulatory Commission is getting ready for a spate of applications from companies wanting to build new nuclear power plants in the United States, a spokesman for an industry association said yesterday.

"We do expect you may begin to see some applications to the Nuclear Regulatory Commission for early site permits perhaps as soon as next year," said Steve Kerekes, a spokesman for the Nuclear Energy Institute.

Under NRC procedures, an application can be made in two or more phases. A developer can ask the commission rule only on environmental and siting issues and not return to those matter when proceeding further into the permitting process.

While the NRC has not issued a new license since 1973, looming electricity shortages coupled with continued concern about emissions from conventional power plants have rekindled interest in the clean-running nukes.

A spokesman for the NRC said "We are taking some steps to prepare for the possibility of new applications," adding that application procedures have also been streamlined. "Before, you had to apply for a construction permit and then an operating permit, those two procedures have now been consolidated."

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