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

Minnesota Utility's New Plant Operating

LCG, July 3, 2002--Rochester Public Utilities brought a set of jet turbine generators into operation last week, bringing 50 megawatts online in the Minnesota town.

The plant is located at the Cascade Creek Substation on Rochester's west side. It is expected that growth in residential and commercial demand could lead to municipal peak demand equivalent to the entire output of the new plant as well as the 216 megawatts RPU buys under contract from Southern Minnesota Municipal Power Agency, a cooperative.

The turbines, which are designed to run either on natural gas or diesel fuel, will provide Rochester up to 30 megawatts for its own use, as 20 megawatts has been sold under contract to Central Minnesota Municipal Power Agency. An older, 32-megawatt turbine at the same site that has been operating for 27 years was converted to be able to run on natural gas as well as diesel fuel. RPU will sell any surplus power on the open market.
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