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

Susquehanna 2 Back On-line After Lengthy Refueling

LCG, April 24, 2001Unit 2 of the Susquehanna nuclear power plant owned by PPL Corp. near Berwick, Pa. was returned to service Sunday after a 43-day refueling outage, the company said yesterday.

While the unit was down, workers replaced about 40 percent of its uranium fuel in 300 bundles of rods. About an eighth of the reactors control rods were also replaced. Control rods are made of a material that absorbs neutrons when inserted into bundles of fuel rods where a nuclear reaction is taking place, they capture neutrons that would otherwise continue to split atoms of fuel, thus controlling or shutting down the reaction.

New steam turbines, which will replace units that have been in operation since the early 1980s, will be installed in Units 1 and 2 in the spring of 2003 and 2004 during refueling outages at the plant, adding 100 megawatts to the total output of the 2,200 megawatt plant.
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