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

Byron 2 Nuke Refuels in 16 Days, Limerick 2 in 17

LCG, April 24, 2001No one, it seems, knows how to operate nuclear power plants like former submarine commanders. Operators of two Exelon Corp. reactors turned in stunning refueling outages and returned to service over the weekend, the company said yesterday.

The 1,200 megawatt Byron Unit 2 pressurized water reactor near Rockford, Ill. returned to service on Sunday after completing a refueling outage in just 15 days, 18 hours, the quickest such outage in the history of U.S. commercial nuclear energy. During those 16 days, workers also found time to complete modifications increasing the reactor's output by 5 percent, in addition to performing thousands of maintenance and inspection functions.

The 1,200 megawatt Limerick Unit 2 boiling water reactor northwest of Philadelphia was back on line late Friday after completing a refueling outage of its own in just 16 days, 8 hours. That was the fastest-ever refueling for a boiling water reactor in the U.S.

"Exelon Nuclear intends to do its part to keep the lights on this summer," said Oliver D. KingsleyJr., president and chief nuclear officer of Exelon Nuclear. "These nuclear plants are particularlyreliable in the kinds of weather extremes that we sometimes see in the Midwest and mid-Atlanticregions in the summer."

Kingsley, who came to Exelon in the merger between Peco Energy Co. and Unicom Corp., had taken over nuclear operations for Unicom's Commonwealth Edison Co. subsidiary in 1997, when that utility's nuclear program was in a shambles. He quickly turned it around, and ComEd began generating more electricity than ever, with two fewer reactors.

Kingsley is a former U.S. Navy submarine commander. So is his boss, Exelon co-chief executive Corbin A. McNeill Jr., who had shaped up the nuclear program with Peco.

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