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

New Hampshire Plans Legal Action Over New Source Review

LCG, Sept. 3, 2003--The EPA's recently announced changes to rules governing power plants' installation of emissions-reduction equipment will be the subject of a lawsuit by New Hampshire, the state's Attorney General, Peter Heed, has announced.

The lawsuit would be in additon to other pending litigation against EPA's changes to policy on "new source review" before the U.S. Court of Appeals, in the District of Columbia circuit. The new rules would increase the ability of power plant owners to install new equipment at existing facilities without having to also install devices to restrict pollution. Enforcement of the rules has been inconsistent and confusing, many plant owners have complained. Confusion over the implementation of the rules was cited as a problem by a judge in a recent lawsuit the agency brought. The suit nonethless resulted in a ruling in favor of the EPA. They also say it has led them to forego maintenance and modifications for enhanced efficiency on older facilities that they might otherwise undertake.

According to New Hampshire's Heed, "EPA has created a loophole that attempts to legalize what the Clean Air Act prohibits - increased air pollution from outdated industrial equipment. What this rule means for New Hampshire is more air pollution from upwind power plants, refineries and other industries that can avoid modern pollution controls." The rules apply to 17,000 facilities nationally, and could represent significant savings due to companies' ability to avoid additional investment under new source review, in the billions of dollars.
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