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

CA Governor Signs Inspection Bill

LCG, April 29, 2002-California passed a bill permitting state regulators to inspect generators that have been shut down for maintenance.

Governor Gray Davis signed the bill into law on Friday after it was approved by the California Senate.

Brought in by San Francisco's John Burton-D, the bill calls for a new committee responsible for setting operation and maintenance standards for California plants.

Governor Davis had reportedly called for a bill of this type after state inspectors were not allowed to visit plants shut down during California's energy crisis.

Many companies contend that their plants were shut down legitimately and that generators ran at unprecedented levels during the crisis, while others in industry allege that shutdowns were deliberate.

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