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

GE Introduces Most Efficient Turbine to Date

LCG, Dec. 10, 2003--A gas turbine that would surpass all existing simple-cycle turbines in efficiency was formally introduced today by GE at the Power-Gen International conference in Las Vegas.

The LMS100 is a 100-megawatt turbine that will undergo development testing in May 2004, and is aimed at the peak and mid-range markets. It is novel, GE announced, in that it achieves efficiency of 46 percent by including components from GE Power Systems' heavy-duty frame gas turbines and GE Aircraft Engines' aeroderivative gas turbines.

"This program is a first for GE in that not only are multiple businesses providing development expertise, but they are also designing, manufacturing, sourcing, assembling and testing the product," the president and CEO of GE Aircraft Engines, David Calhoun, said.

Although the LMS100 is a simple-cycle turbine, it claims efficiency of 40% at 50% of its capacity, indicating better efficiency than some turbines realize at full output.
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