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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

RES-Americas Purchases Wind Turbines for Texas Project

LCG, January 4, 2007--RES-Americas announced yesterday that it has ordered 26 wind turbine units for the Whirlwind Energy Center in Texas. The electric generating capacity of the turbines will total nearly 60 MW.

The power produced by Whirlwind Energy Center will be purchased by Austin Energy, which recently signed a long-term, power purchase agreement. RES-Americas plans to own a significant portion of the project and to operate the facilities.

The wind farm will be built this year in Floyd County, Texas. Siemens Power Generation will manufacture the 26, 2.3-MW turbines. On-site construction is scheduled to begin in March, with the facility completed by the end of 2007.
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