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

FAA Clears the Air -Private Planes Banned over Nuclear Plants

LCG, Oct. 31, 2001--The Federal Aviation Administration yesterday banned private planes from flying near nuclear power plants "for reasons of national security" following a warning of possible new terrorist attacks by Attorney General John Ashcroft.

Warren Morningstar, a spokesman for the Aircraft Owners and Pilots Association, observed that "a small, general aviation aircraft is not a significant risk to a nuclear facility," and said that the ban could shut down municipal and other small airports located near nuclear plants.

"On the other hand," he added, "we also have to accept that there are serious national security threats, and we will do our best to protect the nation and keep people safe."

Commercial flights will not be affected, even though it was three regularly scheduled jetliners that were used to attack the World Trade Center and the Pentagon on September 11. Also exempt are aircraft on medical, firefighting, law enforcement and rescue operations, but they will have to be cleared by air traffic controllers.

Though Yankee Stadium isn't a nuclear power plant, the home of the Bronx Bombers was placed on the restricted airspace list during all World Series games played at the House that Ruth Built.

In order to approach within 34 miles of John F. Kennedy International Airport in New York, or within 20 miles of Logan Field in Boston or Reagan Washington National Airport, private pilots will have to file flight plans with the FAA.

U.S. Transportation Secretary Norman Y. Mineta responded to Ashcroft's warning by ordering trucking, aviation, railroad, shipping and other firms to maintain a high level of security.

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