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

Winston-Salem Plant on Drawing Board

LCG, July 2, 2002--CME North American Merchant Energy LLC last week announced plan to develop an 800-megawatt baseloaded, combined-cycle plant on the southern edge of Winston-Salem, N.C.

If air- and water-quality permits are granted, construction could begin near the end of 2003. Michael Casper, a site developer for CME, said "It is needed and with the shift from coal-fired to newer plants, it will benefit the area because there will be less emissions."

Construction would be expected to last from 18 to 24 months. The gas-fired plant would be sited within a 55-acre, industrial-zoned area.
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