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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

Ontario-Based Bruce Power Unit Online

LCG, Dec. 23, 2003--The Ontario power grid has an additional 1,500 megawatts of generating capacity online, after Bruce Power announced that the nuclear-powered Unit 4 of Bruce A has reached full power.

The next unit to be brought back online will be Unit 3, which will offer approximately an additional 1,500 megawatts. Bruce Power is partially owned by TransCanada Corporation, which retains a 31.6 percenter stake in Bruce Power. TransCanada also owns one-third of Bruce Power Inc., the general partner of Bruce Power.

The restart of Unit 4 began in October, when the output level of the unit was not allowed to exceed 50 percent as tests were conducted.
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