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

Capacity Boosts Set for Comanche Peak, Harris Nukes

LCG, Oct. 19, 2001--The U.S. Nuclear Regulatory Commission has approved requests for generating capacity increases to three nuclear reactors at power plants owned by TXU Electric Co. and Carolina Power & Light Co.

TXU will increase the output of its 1,159 megawatt Comanche Peak Unit 1 by 1.4 percent and Unit 2 by 0.4 percent. Unit 2 has already been upgraded by 1 percent. The Comanche Peak plant is located about 40 miles southwest of Fort Worth.

The NRC has also approved a request from Carolina Power & Light Co. to increase the capacity of its 900 megawatt Shearon Harris nuclear power plant near Raleigh, N.C., by about 4.5 percent, or 51 megawatts.

The NRC Website was still shut down this morning, as the agency continues to review whether any information it provides could be useful to terrorists.

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