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

National Power Cooperative Starts Ohio Plant

LCG, July 12, 2002--Yesterday marked the official start of operations at the Robert P. Mone power plant, with the first of three combustion turbines providing peaking power.

The Mone plant, to be operated by American Electric Power, is north of Convoy, Ohio, in Van Wert county. Output of the plant will be distributed by Buckeye Power to cooperatives within the state. National Power Cooperative's generating portfolio will be 1,200 megawatts once all three turbines, representing 500 megwatts of new capacity, are brought online.

Mone will operate only during the summer and winter, during peak times.
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