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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

Ronnie Bates has been named senior vice president for marketing by Georgia Power Co., a subsidiary of the Southern Co. He replaces Bertram Sears, who resigned to lead his own business. Bates joined Southern in 1975 as a mechanic's helper and was most recently vice president for transmission with Georgia Power.

Mark W. Marano has been named president and chief executive of AEP Gas Power Systems, a recently- formed joint venture between American Electric Power Co. Inc. and G.A.S. Gas Capital Inc. He joins AEP Gas Power Systems from AEP subsidiary Numanco Group in Tulsa, Okla., a provider of specialized technical support services to the U.S. commercial nuclear industry, wherehe served as president and chief executive officer.

Richard N. Marshall has been named treasurer and director of investor relations by natural gas firm Southern Union Co. A 15-year veteran of the company, he most recently was vice president for rates and regulatory affairs.

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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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