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.

Read more

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.

Read more

Industry News

Wisconsin Sets Route for New Transmission Line

LCG, Oct. 25, 2001--The Public Service Commission of Wisconsin said yesterday it has issued the details and route specifics of the 220-mile electric transmission line from Wausau to Duluth. The PSCW had approved the line on August 17.

The new transmission line, backed both by Wisconsin utilities and state officials as necessary to relieve annual summer power shortages by making it possible to import electricity from states to the west and from Canada, had been opposed by "not in my backyard" interests.

The commission, in its order, managed to squeeze about 83 percent of the new line into existing rights-of-way, minimizing the impact on landowners in northern Wisconsin.

The new transmission line is a joint venture between Wisconsin Public Service Corp. and Minnesota Power Co. With the PSCW's written final order, the utilities will proceed with the project and begin the engineering and geographical surveys that need to be completed before 2002 when construction is expected to begin which is expected to take about three years.

"We are pleased the final order has been issued," said Don Shippar, chief operating officer of Minnesota Power. "We hope this project can be an example to show how communities, utilities and private landowners in Wisconsin and Minnesota can work together to solve the electric reliability problem in this region."

Patrick Schrickel, president and chief operating officer of Wisconsin Public Service, attempted to put landowners at ease. "We intend to work fairly with any private and public land owners who may require easements on their property," he said. "It's a negotiated process which is guided by state law."

Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service