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

NY to Discuss NYC Power Plant Projects

LCG, April 10, 2002-New York officials will discuss new plants and transmission lines serving New York City and Long Island.

New York Public Service Commission scheduled for April 26 public discussion of Neptune Regional Transmission System LLC's proposed transmission lines from a New Jersey GPU/FirstEnergy substation to New York. A 54 mile line to the Long Island Power Authority in Nassau County and a 36 mile line to Consolidate Edison's (Con Edison) Manhattan system, both 600 MW, were proposed in order to bring power to New York City and Long Island from Mid-Atlantic generators.

The New York Department of Public Service has arranged a forum in which the siting procedure will be described regarding the construction of an Entergy Corp. 330 MW natural gas-fired peaking generator at the Indian Point nuclear station in Westchester County 35 miles north of New York City.

On April 18th, two New York Siting Boards will respectively discuss factors such as emissions for a proposed American National Power, 1,100-MW facility in Rockland County, 30 miles north of New York City, and Con Edison's proposed 360-MW repowering of its East River Station in Manhattan.

Since 1999 only 600 MW capacity has been built for NYC although 23,000 MW had been proposed. Only 44 MW of 9,000 were constructed for Long Island over the same period. Therefore energy experts predict only one in three generators will be built.

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