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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

Kelliher Likely to be Confirmed as FERC Commissioner

LCG, Oct. 18, 2001--The nomination by President Bush of Joseph Kelliher to fill the open seat on the Federal Energy Regulatory Commission got a warm reception yesterday from both sides of the Senate aisle.

Bush had announced his intention on Tuesday to appoint Kelliher to the post vacated by former chairman Curtis Hebert, who resigned in August to join Entergy Corp. as vice president of governmental affairs.

There should be no problem with confirmation in the U.S. Senate, said capitol hill sources. The nomination must first gain approval from the Senate Energy and Natural Resources Committee before it is considered by the full chamber.

"I don't anticipate that there will be any hang-ups," said a member of the committee staff. "We all know Kelliher. We've worked with him all summer long. He's been the administration's go-to guy on electricity issues."

In addition to serving on the Bush transition team last winter, Kelliher has served as an aide to Rep. Joe Barton, a Texas Republican, and as a senior advisor to Energy Secretary Spencer Abraham.

The nominee is also well-liked in the industry. "We look forward to working with him. We know he has a broad and deep experience in electricity issues," said a spokeswoman for the Edison Electric Institute, the trade association for the nation's electric utilities.

About the only opposition to Kelliher's nomination came from Ralph Nader's Public Citizen group. "We are definitely not pleased with Kelliher's nomination. I think it could threaten to tip the scales at FERC," said spokesman Tyson Slocum.

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service