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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

Emissions Reductions Goals Surpassed by Pennsylvania

LCG, Apr. 19, 2002--Pennsylvania utilities and industrial sources of emissions have cut releases of nitrogen oxide (NOx) more than is required by the Clean Air Act, achieving cuts in part through participation in a regional emission allowance trading program, according to the Pennsylvania Department of Environmental Protection.

According to DEP Secretary David E. Hess, NOx emissions in 2001, at 85,191 tons, are 59 percent below their 1990 levels. An emissions trading program among Mid-Atlantic states, including Pennsylvania, Connecticut, Delaware, Maryland, Masachusetts, New Hampshire, New Jersey, New York, Rhode Island and the District of Columbia, operates from May through September. Individual allowances, representing the right to emit one ton of NOx, are assigned to generators and other industrial emissions sources, and can be bought, sold or retained for the future.

Emissions controls installed at generating facilities have contributed to reductions. The Homer City Generating Station in Indiana County is one facility that has made such modifications a year in advance of a legal deadline.

The overall reductions among the Mid-Atlantic states have brought annual emissions measured by the trading program from 473,011 in 1990 to 183,283 tons in 2001. NOx contributes to the formation of ground-level ozone, which can exacerbate breathing problems in vulnerable segments of the population.
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