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News
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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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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
Sierra Pacific to Skip Quarterly Dividend
LCG, April 16, 2001Sierra pacific Resources Inc. said on Friday that it would skip the quarterly dividend ordinarily paid to stockholders on May 1 and would try to explain the action to shareowners at the company's May 21 annual meeting."The dividend is vitally important in retaining investor confidence in Nevada at a time when newenergy infrastructure is so critical to protecting consumers from this crisis," said Walt Higgins,president and chief executive. "However, it is equally important that our dividend reflect our current financial condition and the continued uncertainty about the energy crisis."The state of Nevada finds itself washed by the floodwaters of California's energy crisis and has problems of its own because of that. Sierra Pacific said continued uncertainty over how Nevada willresolve its energy crisis prompted the board's action."We recognize that this decision is painful to shareholders who have already suffered anunprecedented drop in the value of their investment," said Higgins. "However, it is really the onlydecision that can be made until we can get a more definitive view of how and when this crisis can beresolved."The Sierra Pacific board also told the company to continue to keep a lid on expenditures other than those associated with safety and customer service.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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