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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

Duke Energy to Build 1240 MW Ohio Plant

LCG, April 16, 2002-Duke Energy North America has just contracted Duke/Fluor Daniel to engineer a 1,240 MW Natural Gas plant in Ohio.

The plant, which will operate in a combined-cycle configuration, is scheduled to be in service summer 2003 and will be located at the Hanging Rock Facility in Lawrence County, Ohio.

Houston-based Duke Energy North America currently owns over 7,000 MW capacity and has over 10,000 MW scheduled for operation by summer next year.

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