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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

Cross-County Cable Back in Service in New York State

LCG, July 1, 2002--An 18-mile cable linking substations in New York state's Westchester and Nassau Counties that failed over a month ago has been restored to service.

The cable is currently rated at 400 megawatts, in order not to risk another failure. The Y-50 cable had been rated at 600 megawatts before a section running beneath Long Island Sound cut transmission on May 18.

Long Island Power Authority will be able to withdraw 250 megawatts at Glenwood Landing, while Consolidated Edison's Queen service area will be entitled to 150 megawatts. The repairs to the cable were finished three weeks earlier than had been anticipated.
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