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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

MidAmerican Begins Constructing 790 MW Advanced Coal Plant

LCG, September 9, 2003MidAmerican Energy Companyannounced that it has begun construction of thebiggest coal-fired plant in Iowa.

According to the company, the plant will usesupercritical boilers to form very hot steam underhigher-than-normal pressures. This adaptation, alongwith dry scrubbers and catalyst technologies, willallow for much cleaner power production thantraditional coal-fired plants.

The 790-megawatt plant will cost roughly $1.2billion and will be constructed at Council BluffsEnergy Center, which already has a generating capacityof 820 megawatts.

MidAmerican Energy Company serves 681,000customers in the Midwest and is based in Des Moines,Iowa.

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