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


Lisa M. Bodensteiner, general counsel for Calpine Corp., has been promotedto senior vice president. In 1996, Bodensteiner joined Calpine as associate counsel. Since then, her responsibilities have grown rapidly to include oversight of a large and expanding legal staff at the corporate office and the regional offices in Boston, Houston and Pleasanton, Calif.

John Erickson has been named president of Otter Tail Corp., the new name of Otter Tail Power Co. He was made an executive vice president in June of last year in preparation for the retirement of John MacFarlane who will remain chairman and chief executive until 2002, when Erickson is expected to succeed him in those positions.

Alan J. Noia, chairman, p[resident, and chief executive ofAllegheny Energy Inc., has been elected a director of the Electric Power Research Institute for a four-year term, beginning this month.

Bruce E. Walenczyk will join Allegheny Energy Inc. May 1 as senior vicepresident and chief financial officer, replacing Michael P. Morrell, who was appointed president of Allegheny Energy Supply Co. earlier this year. Walenczyk was most recently financial vice president with PSEG Energy Holdings Inc.


George L. Ingalls, a New York Power Authority trustee for 23 years until his retirement in 1990, died Tuesday at Our Lady of Lourdes Hospital in Binghamton. He was 86. Ingalls was appointed to the board by Governor Nelson A. Rockefeller in 1967, and his 23 years as an NYPA trustee -- 17 years as vice chairman --is a record. His lengthy tenure was recognized in 1991 when the powerhouse at the Power Authority's Blenheim-Gilboa pumped storage power project in Schoharie County was named for him.

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