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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

Russia and Vietnam Strengthen Nuclear Ties

LCG, April 2, 2002-In Moscow yesterday Russian officials approved a nuclear energy agreement with Vietnam.

As reported by Russian news service Interfax, the Russian Ministry of Atomic Energy is expected to cooperate with the Vietnamese in various nuclear energy-related endeavors such as applied nuclear energy research, nuclear safety, development of uranium deposits, and handling of nuclear waste.

This agreement follows several other recent Russian ventures in expanding nuclear energy relations, including agreements with Iran and discourse with North Korea.

Simultaneously, Japan has invited both Russia and Vietnam, as well as over 40 other Asian and Eastern European countries, to partake in a nuclear safety training program. Last year's program included 1,042 Russian, Chinese and Eastern European trainees.

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