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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

150-MW Wind Project Announced for Saskatchewan

LCG, Sept. 8, 2003--A wind farm of 50-150 turbines could begin producing power in the Canadian province of Sasketchewan by 2004 or 2005, according to SaskPower International, which has formed an agreement with ATCO Power to engage in the project jointly.

While production would not necessarily begin next year, it is likely that output would increase gradually, through March 2007. The wind farm would be able to provide up to 150 megawatts at peak capacity, and over a year, would produce approximately the amount of power 64,000 households use over the same period.

The exact site for the project has not been selected, although tests of different locations are underway to identify the most promising among them.
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