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

Indiana Plant Moving Ahead

LCG, Apr. 11, 2002--Allegheny Energy Supply, a unit of Allegheny Energy Inc., has announced that construction of a 630-megawatt, combined-cycle, gas-fired power plant is scheduled to begin later this month.

According to Allegheny Energy Supply president Michael Morrell, "the output from this facility will give us additional generating capacity in the Midwest to complement the 1,710 megawatts we already own in Indiana, Illinois and Tennessee." The plant is to be located in Olive Township, in St. Joseph County. Operations are scheduled to begin in mid-2004.

Black & Veatch Construction, Inc. will serve as turnkey contractor for the project.
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