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

Calpine Combined-Cycle Begins Operations

LCG, April 30, 2002--A 550 MW combined-cycle operation has come on-line ahead of schedule.

The Houston, Texas plant, owned by San Jose, California-based Calpine Corp., will sell steam and electricity to LYONDELL-CITGO Refining LP.

According to Calpine, the system, part of the LYONDELL-CITGO's Channel Energy Center, will combust natural gas in turbines that are 40 percent more efficient than older gas-fired generators. Pre-existing operations at Channel Energy Center provided 190 MW, but the recent completion of the combined-cycle project introduced an additional 360 MW.

Channel Energy Center entered operations in July of 2001 and is located along the Houston Ship Channel.

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