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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

William V. Hickey has been elected a director of utility holding company Public Service Enterprise Group. He is president and chief executive officer of Sealed Air Corp., a leadingprovider of protective, food and specialty packaging materials and systems.

Christopher P. Johns has been promoted to senior vice president and controller by PG&E Corp. Since joining the company in 1996, he has been responsible for accounting, tax and financial planning and analysis.

Wilma Kumar-Rubock has been named vice president and chief information officerof Washington Gas Light Co. A 30-year veteran of Washington Gas, she became chief information officer last year.

Terry McCallister has been named president and chief operating officer of WGL Holdings Inc. and its subsidiary Washington Gas Light Co. He joined Washington Gas last year from Southern Natural Gas Co. where he was vice president and director of operations.

John G. Russell has been elected president and chief executive officer-electric of Consumers Energy Co. He succeeds David W. Joos who became president and chief operating officer of parent company CMS Energy Corp. on October 1. Russell was previously senior vice president of electric transmission and distribution, a post he had held since September 1999.

Karen Tomcala has been named vice president for regulatory relations by Pacific Gas & Electric Co. She joined PG&E in 1998 as director of federal governmental and regulatory regulations from the Federal Energy Regulatory Commission, where she was senior counsel and policy advisor to then-chairman James Hoecker.

DQE Announces Executive Suite Appointments
Utility holding company DQE Inc. has announced five executive appointments aimed at achieving a more concentrated focus on its core utility operations.

  • Frosina C. Cordisco becomes a vice president and treasurer. She has held various executive positions at Duquesne Light Co. and other DQE affiliates.

  • Lora E. Dikun has also been named a vice president and will be responsible for executive compensation. She most recently served as DQE assistant vice president, responsible for executive compensation and benefits design, corporate risk management and pension investments.

  • Stevan R. Schott has been named a vice president and controller of DQE. He most recently was vice president for finance and customer service with Duquesne Light Co.

  • James E. Wilson becomes vice president for corporate development. Previously, he was controller of several subsidiaries, including Duquesne Light and DQE Financial.

  • Anthony F. Pekny has been promoted to assistant vice president for corporate development. He has occupied various managerial positions with Duquesne Light.

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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