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

Kern River Pipeline Expansion Approved

LCG, July 17, 2002-Kern River Gas Transmission Company has received final approval from the Federal Energy Regulatory Commission to go ahead on a $1.2 billion gas pipeline expansion project.

The project will almost double Kern River's capacity from the Rocky Mountains into California, raising capacity by 885 million cubic feet per day and adding more than 700 miles of pipeline, in addition to increasing capacity at pre-existing compressor stations and adding three new compressor stations.

The pipeline will bring fuel directly to new power plants in the West, serving some 6,700 MW capacity.

Kern River is a subsidiary of MidAmerican Energy Holdings Company.

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