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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

Newsmakers

Calpine Corp. has promoted E. James Macias to executive vice president and chief operating officer. Macias will be in charge of the company's power generation, Calpine Energy Services, and Gas Resources, among other ventures. Macias has served as senior vice president -- power and industrial marketing, and led negotiations with California for long-term power contracts. Prior to joining Calpine, Macias worked for 22 years within the gas supply and power generation businesses at Pacific Gas & Electric Co.

Daniel R. Allard has been promoted to senior vice president of Calpine Canada. Allard, who joined Calpine in 1997, was most recently vice president of business development - Calpine Canada. He will manage power generation, oil and gas operations, and energy trading and marketing.

Michael P. Thomas has been promoted to senior vice president at Calpine Corp. In his new role, Thomas will be responsible for cash management. He will continue as corporate treasurer, overseeing Calpine's corporate credit function. Before joining Calpine in 1994, Thomas worked for nearly a decade in the banking industry.

Joseph E. Ronan, Jr. has been promoted to senior vice president of Government and Regulatory Affairs at Calpine Corp. Ronan, who served Calpine as general counsel from 1992 through 1998 before becoming vice president of government and regulatory affairs in 1999, has also worked as an attorney with the federal government, the state of Wyoming and in the oil and renewable energy industries.

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