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News
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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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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
Nuclear Plants' Decomissioning Funds Found Low
LCG, Dec. 3, 2003--In a report released by the General Accounting Office, Congress' research arm, 42 nuclear plants were named as not having enough savings designated to pay for decommissioning costs when the plants are ultimately shut down.Some generating units are already inactive, but owners are waiting for neighboring units at the same plants to be retired before starting clean-up activities. The report stated that savings for some plants is sufficient, while at others, a gap exists that cannot readily be closed by shifting funds.The Nuclear Regulatory Commission said through a spokesman that it is not as concerned about a problem such as has been identifed by the GAO. A spokesman for the Nuclear Energy Institute, Steve Kerekes, said that with widespread extensions of plant licenses for an additional 20 years, the plants would have sufficient time to come up with the needed funds.The GAO report authors found that the growth in the value of savings, if it continues, would pay for plants' decommissioning costs. The distribution of funds between various sites and multiple owners, however, indicated uneven progress.A concern raised by groups who oppose nuclear power is that because some of the buyers of existing nuclear plants are not utilities, and therefore do not have assurance of a stable revenue stream, they may have difficulty handling the liabilities that will come due at the end of plants' operating lives.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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PowerMax
Day-ahead and real-time portfolio revenue optimization
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Generator X
Generation and Transmission Planning and Optimization
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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MarketWatch
Annual summary of prices, congestion and important events in ERCOT
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