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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

Transformer Explosion Causes Fire At Georgia Plant

LCG, July 12, 2002--Thursday night saw thousands of gallons of oil catch fire at the McDonough plant near Smyrna, Georgia.

The fire resulted in no injuries and firefighters were able to extinguish it, but some oil ended up in the Chattahoochee River and smoke could be seen for miles around the Atlanta suburb.

According to Southern Co. unit Georgia Power, which owns the plant, a transformer exploded and spilled some 5,500 gallons of mineral oil on a switchyard. The company has apparently employed a boom in the river and placed pads on drains and other parts of the plant to minimize further contamination of the river.

A Hazardous Materials crew will attempt to remove as much as 200 gallons of oil from the Chattahoochee.

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