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

Reactor Company Applies for MOX Fuel Permit

LCG, February 27, 2003-Duke Energy has applied to install mixed oxide (MOX) fuel lead assemblies.

Mixed oxide fuel combines the uranium oxide normally used in reactors with roughly 5 percent plutonium oxide. European companies have used MOX fuel for over twenty years, in part to reduce weapons-grade plutonium stockpiles.

35 European reactors utilize MOX fuel, but in the United States some people are cautious about its use for safety reasons. Fission of MOX fuel, because of its plutonium content, may cause increased embrittlement of the reactor metal, and MOX fuel, until expended in the reactor, could still be used by terrorists.

Duke Energy has announced that it wants to use MOX fuel assemblies in either the McGuire or Catawba reactor starting in 2005. Four of the 193 fuel assemblies would be MOX.

Duke Energy began the regulatory process today as it sent in its preliminary application to the Nuclear Regulatory Commission.

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