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

Indiana Plant Starts Operations

LCG, July 19, 2002--The Sugar Creek generating plant, developed by Mirant near Terre Haute, Ind., has started operations, according to the company.

The part of the plant now operating is considered the first of two planned phases. Currently, Sugar Creek will operate as a peaking facility, providing 300 megawatts during times of heavy demand. A second, 259-megawatt combined-cycle phase, planned for summer 2003, will reportedly follow.

Randy Harrison, senior vice president, said, "Mirant plans to add approximately 1,500 megawatts of electricity generation in North America this year. The addition of Sugar Creek to our North American generation fleet is another important step towards meeting that milestone, and providing the U.S. with reliable and efficient power."
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