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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

Williams Plans 1,230 Megawatts Near Atlanta

LCG, April 20, 2001The Williams Cos. Inc. said yesterday it plans to build a 1,230 megawatt natural gas-fueled merchant power plant near Atlanta, Ga. The company said the new facility could commence commercial operation sometime in 2004.

"This new facility will assist us in developing our growing portfolio of power agreements in Georgia(and) will fit our plan to expand our power portfolio in the Southeast," said Bill Hobbs, president ofWilliams' energy marketing and trading unit.

The plant will occupy about 30 acres of a 230-acre site with the balance of the property preserved in its natural state and dedicated to community use for a park or hiking trails. The location was chosen because of a nearby natural gas pipeline and existing power substation and transmission lines.

Williams said it will take about a year to complete the permitting process before construction can begin.

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