News
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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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
EU Energy Tax May Be Blocked by Italy
LCG, February 18, 2003-The European Union's attempts at taxing the energy industry are likely to fail today due to Italy's opposition.15 EU states support a proposal to levy a tax on coal, gas, and electricity production, in addition to raising minimums on oil product taxes. These additional fees are intended to prevent pollution and climate change.However, Italy would like to continue oil tax breaks because of its reliance on truck transport. In 2000, public outcry against increasing oil prices lead to the initial tax break for truck fuel in Italy. The Mont Blanc tunnel between France and Italy was also closed last year, limiting Italy's transport ability across the Alps.France will also allow for tax breaks but has asserted its willingness to eliminate them within 2 years.The proposal is expected to fail because of Italy's opposition, although talks between German Finance Minister Hans Eichel and Italian Finance Minister Giulio Tremonti have been ongoing yesterday and today regarding this issue.EU officials are anxious to pass the measure before an additional 10 members enter the EU next year; many believe unanimous support will be much harder to achieve in the future.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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