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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

PG&E Begins NorCal Gas Pipeline Expansion

LCG, Oct. 26, 2001--Pacific Gas & Electric Co. said yesterday it has started construction on an expansion of a pipeline that will add about 200 million cubic a day of much-needed natural gas to northernmost California.

A 14-mile stretch of new pipeline will connect with PG&E's 425-mile Line 401, which runs from the California border southeast of Klamath Falls, Ore., to the Panoche Valley, east of Pebble Beach. The expansion will be in the northeastern corner of the state.

PG&E said in a news release that the U.S. bankruptcy court in San Francisco approved the pipeline expansion, which will cost $39.5 million. The work is expected to be completed next September.

PG&E noted that the addition gas would be sufficient to fuel a 1,200 megawatt power plant.

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