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

Office of Nuclear Security and Incident Response Launched Sunday

LCG, April 8, 2002-The nascent Office of Nuclear Security and Incident Response will work with the White House Office of Homeland Security in order to diminish security risks to the 103 nuclear plants in the United States.

Under pressure from lawmakers and other critics after September 11th-induced fears of terrorism, the government created the organization to provide support in future emergencies and to step up security at nuclear plants. It will also asses threats and manage classified documents and Nuclear Regulatory Commission counterintelligence.

The Nuclear Regulatory Commission (NRC) created the new office and is conducting meetings today regarding nuclear plant safety.

Until Sunday, the Office of Nuclear Material Safety and Safeguards had supervised plants and storage facilities.

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