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

More Detailed Set of Events Before Blackout Released

LCG, Sept. 26, 2003--A series of small line failures occurred in Ohio during Aug. 14th, the day of the record-setting blackout, according to a timeline produced by the Public Utilities Commission of Ohio (PUCO).

Among the lines that tripped was Findlay, in the service territory of AEP, which tripped at 3:51 p.m., and in half a second, closed again. Such an event in isolation is normal on any given day, but the report found a greater number of such events than would be expected. The small problems were seen in four utilities' control areas, with over 50 experienced by FirstEnergy and AEP, and others in the territories of Cinergy Corp. and Dayton Power & Light Co.

The timeline and report, which were sent to Ohio Gov. Bob Taft, provide a fuller picture than was available based on any single utility's data.
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