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

Perryville Plant Operating in Louisiana

LCG, July 3, 2002--A new, 568-megawatt combined-cycle unit owned by Cleco Corp. started operations Monday, according to the Pineville, Louisiana-based company.

The Perryville plant is located about 12 miles north of Monroe, in northeast Louisiana. The plant's 157-megawatt peaking unit, operating independently of the combined-cycle unit, has been connected to the grid since July 2001.

Cleco said that another power plant under construction, the 1,160-megawatt Acadia plant, should be operational by the end of the month. The 50-50 joint venture with Calpine, south of Eunice, Louisiana, utilizes combustion turbines.
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