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.

Read more

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.

Read more

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.

Copyright © 2023 LCG Consulting. All rights reserved. Terms and Copyright
The Locational Marginal Price Model (LMP) Network Power Model
Day Ahead and Real Time Market Simulation
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
The Gas Procurement and Competitive Analysis System
Database of Plants, Loads, Assets, Transmission...
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service