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

House Bill May Overrule Local Authorities in Favor of Transmission Construction

LCG, September 16, 2003Republicans from Western and Eastern states may face complicated negotiations over a proposed bill to give the federal government greater power in constructing electricity transmission.

The U.S. House of Representatives bill in question would give the Federal Energy Regulatory Commission power to approve electricity transmission routes even if state or local authorities have refused such routes. Companies involved in constructing transmission would be allowed to construct lines so long as they pay land-owners.

Some Republicans wholeheartedly support the bill, which gives greater powers to the federal government and the energy industry. Many Republicans oppose the bill, valuing the right to property and privacy over federal powers.

Electricity transmission construction has always lead to discord among landowners, government, and energy companies. Disagreement often is based upon environmental, health, and safety concerns, as well as property value and economic concerns.

Many of those opposed to the bill say it is based upon a faulty premise, that landowners pose a significant barrier to transmission construction. They say that opposition is rare and, when it occurs, manageable.

The Bush Administration strongly supports the bill. The Senate energy bill does not yet have a parallel provision. Republican legislators will encounter some controversy amongst themselves when discussing the bill, especially as Western and Eastern representatives are likely to have very different perspectives.

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