EIA Publishes Study on High Renewables Growth Impact in WECC Markets using UPLAN

LCG, July 19, 2024 – A working paper published by the U.S. Energy Information Administration (EIA) utilized the UPLAN model to study the impact of high renewables growth in the Western Electric Coordinating Council (WECC) markets.

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LCG Publishes 2024 Annual Outlook for Texas Electricity Market (ERCOT)

LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.

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Industry News

Duke to Suspend Application to NRC for New Nuclear Reactors in North Carolina

LCG, May 3, 2013--Duke Energy yesterday notified the Nuclear Regulatory Commission (NRC) that it plans to suspend its combined construction and operating license (COL) application to build two nuclear units at its Harris site in Wake County, North Carolina.
Duke Energy executive vice president and president of Duke Energy Nuclear stated, "Duke uses an integrated resource planning approach to ensure that it reliably and economically forecasts and plans resources to meet the electricity needs of its customers well into the future. Our most recent forecast indicates two additional nuclear units at Harris will not be needed in the next 15 years."

In February 2008, Progress Energy Carolinas (which has since merged with Duke) submitted its COL application to add two Westinghouse Advanced Passive 1000 (AP1000) Pressurized Water Reactors (PWR) at the site, where one 900-MW reactor has been operating since 1987. In 2008, Progress stated that the application would provide the option to construct the nuclear reactors to provide baseload, power generation without emitting greenhouse gases.

Duke Energy plans to continue to pursue its applications with the NRC to construct two AP1000 reactors at the Lee site in Gaffney, South Carolina and to construct two AP1000 reactors at the Levy site in Levy County, Florida.

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