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

Capacity Increase Planned for North Dakota Wind Farm

LCG, January 23, 2007--Minnesota Power announced Friday plans to purchase wind power from the Oliver Wind II Energy Center that is to be constructed in North Dakota. The wind project will be built, owned and operated by a wholly owned subsidiary of FPL Energy. The project, which has a design generating electric capacity of 48 MW, is scheduled to be operational by the end of this year.

The Oliver Wind II Energy Center is sited adjacent to the new Oliver Wind I Energy Center, which has a generating capacity of 50.6 MW and commenced operations last month. Minnesota Power purchases all of the output from Oliver Wind I under a long term purchase agreement and will purchase all of the power from Oliver Wind II.

The plans for the Oliver Wind II Energy Center consist of 32 wind turbines, each with a design capacity of 1.5 MW. The turbines are to be manufactured by General Electric.
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