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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

Newsmakers

Joseph M. Buonaiuto has joined American Electric Power Co. as senior vice president and controller, effective immediately. He most recently was a partner with the London office of Deloitte & Touche, an international professional services and accounting firm.

Dean H. Hall has been promoted to senior vice president for development of PrimaryEnergy, Inc., a subsidiary of Nisource Inc. He joined Nisource in 1993 as a principal executive for industrial marketing and has been with Primary Energy since its inception in 1996 as vice president of development.

Elizabeth McCarthy, vice president and chief accounting officer of DPL Inc. since joining the firm in April, 2000, had been promoted to chief financial officer. DPL is the holding company for Dayton Power & Light Co.

Paul J. Posoli has been promoted to senior vice president of Calpine Energy Services, a unit of Calpine Corp. He joined Calpine in May, 1999 as vice president for corporate risk management.

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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Day-ahead and real-time portfolio revenue optimization
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Generation and Transmission Planning and Optimization
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The Gas Procurement and Competitive Analysis System
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Database of Plants, Loads, Assets, Transmission...
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Annual summary of prices, congestion and important events in ERCOT
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