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News
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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
Development of Iowa Plant Halted
LCG, Feb. 19, 2002--A 615-megawatt gas-fired power plant that was planned for installation in Orient, Iowa, has been cancelled by developer Entergy Corp.According to a spokesman for Entergy Asset Management, Larry Daspit, "we felt we were headed for an overbuilt situation coupled with the recession and rising natural gas prices." The plant was first announced in July 2001, a time when the spot market price for natural gas was at half its current level.The Iowa Utilities Board granted Entergy's application to cancel the plant. Daspit commented, "The economics were not there. It's a very tenuous market." Entergy Asset Management will consider enlarging its generation portfolio through acquisition of projects either operating or under construction.
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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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