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

PPL Brings Plants On Line

LCG, July 30, 2002-On Sunday the PPL Shoreham plant began operations, one of several PPL plants recently starting production.

The Long Island, NY, Shoreham plant has 79.9 megawatts ofcapacity, and joins another 79.9-megawatt PPL plant in the area, the Edgewood plant, which began operations on the 24th.

Two natural gas-fired plants that began operations recently include the Arizona Sundance Energy plant, which came on line July 17 and provides 450 MW capacity, and University Park, which went on line July 25 and provides 540 MW capacity.

PPL, which is based in Allentown, Pennsylvania, owns 11,000 MW capacity and has brought on line over 1,100 MW this month.

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