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

Winergy Power Expands Off-Shore Wind Project Capacity to 940-MW

LCG, April 18, 2008--Winergy Power submitted a new proposal to increase the electric generating capacity from 300 MW to 940 MW for a planned, off-shore wind project to be located near Long Island. The proposed wind farm would be constructed in phases beginning in 2012, with completion planned in 2014.

The revised wind project includes 190 to 260 wind turbines located 12 to 15 miles off the south shore of Long Island. The original proposal included only 96 turbines that would be located further off shore. The revised proposal moves the interconnection with the transmission grid to a Long Island Power Authority (LIPA) substation in Melville that has greater capacity than the site initially proposed.

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