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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

California Plant Licenses Delayed Due to NOx and other Emissions

LCG, July 23, 2002-Calpine Corporation did not get the California Energy Commission's initial approval for the construction of a 670 MW gas-fired, combined cycle power plant.

The plant's emissions in nitrogen oxides, carbon monoxide, PM 10 and sulfur oxides have not been offset sufficiently, and the plant's initial recommendation from the Commission has been suspended.

Calpine's $325-400 million project will await recommendations voted on by the Commission staff.

The Inland Empire Energy Center was planned to begin operations in late 2004 and will be located near Romoland in Riverside county.

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