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

Gas Pipeline Expected in Mid-Altantic

LCG, July 9, 2002--A natural gas pipeline that could begin operation in mid-2005 is planned in West Virginia and North Carolina by Dominion Resources Inc. and Piedmont Natural Gas Co.

The $497 million Greenbrier pipeline is currently undergoing review by the Federal Energy Regulatory Commission, and has been in pre-filing since November. The capacity of the pipeline would be 580 million cubic feet of natural gas, linking Kanawha County, W. Va. with Granville County, N.C. over a distance of 280 miles.

According to a press release, the pipeline would allow gas to flow to the Mid-Atlantic and southeast from Canada, Appalachia and the Mid-Continent region, and connect the Greenbrier area with the Gulf of Mexico and Gulf Coast.
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