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

Northwestern Reaches Agreement on Montana Air Quality

LCG, Oct. 10, 2001--Northwestern Corp. said yesterday it has reached an agreement with the Montana Environmental Information Center, Missouri River Citizens Inc. and individual petitioners to settle challenges to an air quality permit for a new power plant near Great Falls.

The settlement was coordinated by the Montana Department of Environmental Quality, which had earlier decided to issue the air quality permit.

Under the agreement, the company will speed up installation of emission controls on the 240 megawatt, natural gas-fueled project, and will fund and develop an energy conservation program for low-income families in Montana.

" We stated from the time we announced the project that Northwestern would work with all parties to assure that Montana First Megawatts would benefit all Montanans," said Mike Hanson, president and chief executive of Northwestern Services Group. "Under this agreement, Northwestern will accelerate the installation of certain emission-reduction technology that will make it one of the cleanest operating electricity generators in the state."

Hanson said the new facility could begin producing electricity by July 1 of next year.

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