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

Nevada Governor Vetoes Yucca Mountain Nuke Disposal

LCG, April 8, 2002--Nevada Governor Kenny Guinn left for the nation's capital today with the intent to file papers vetoing the Federal decision to use Nevada's Yucca Mountain as a nuclear waste depository.

The governor is reported to have said, "Yucca Mountain is not inevitable, and Yucca Mountain is no bargaining chip, and so long as I am governor, it will never become one."

The governor will file to veto President Bush's nuclear waste recommendation in both the Senate and the House; in 1982 Nevada was given the right to veto the presidential recommendation.

Accusing the project of representing poor science and policy, the Nevada governor charged that transportation risks were not considered when Yucca Mountain was chosen as the only option to be considered for nuclear waste disposal.

The Federal Department of Energy wants to store 77,000 tons of highly radioactive waste and spent nuclear fuel at the proposed Yucca Mountain facility. Just over two million people reside in Nevada, and therefore the Silver state has only four legislative representatives.

Governor Guinn has asked all Nevada citizens to contribute a dollar or more to the Nevada Protection Fund.

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