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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

Official Inauguration of Walney Offshore Wind Farm

LCG, February 9, 2012--The United Kingdom Energy Secretary today led the official opening of the Walney Offshore Wind Farm, a 367.2-MW mega-project located approximately 9 miles off the coast of Cumbria. The $1.9 billion project is a joint venture between DONG Energy, SSE and OPW, and it includes 102, 3.6-MW turbines provided by Siemens.

CEO of DONG Energy stated, "Walney is a landmark in offshore wind and DONG Energy?s strong drive to further industrialize offshore wind power and cut costs. It demonstrates our commitment to invest in the UK."

The project was completed in two phases (Walney 1 and 2),each including 51 turbines. The rotor diameter of the turbines is 107m for Walney 1 and 120m for Walney 2, with a maximum height of 150m from blade tip to sea level. The total area of the development is some 73 square kilometers. Walney 2 was completed in November of last year.
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