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

Coal-fired Plant Approved in Kentucky

LCG, Dec. 9, 2003--A planned 1,500-megawatt power plant intended to be built in Muhlenberg County, Kentucky, has received a construction approval from the Kentucky State Board on Electric Generation and Transmission Siting.

Transmission arrangements remain to be resolved before further progress can be made, according to the board's order. The plant, called the Thoroughbred Energy Campus, is expected to consume 6 million tons of coal annually, which would be obtained from a newly opened mine nearby. Two steam units of equal size would make up the plant.

Thoroughbred would utilize advanced emissions-control technology, including selective catalytic reduction, and according to developer and coal company Peabody Energy, would have sulfur dioxide and nitrogen oxide emissions more than 80 percent below those of the typical coal-burning plant in Kentucky.
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