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

AES Begins Operations of 40-MW Energy Storage System in Ohio

LCG, October 1, 2013--AES Corporation (AES) announced yesterday that operations have commenced at a 40-MW electric battery storage system in Ohio. The new storage capacity is now installed at Dayton Power and Light's (DP&L) Tait Generating Station, a 586-MW peaking facility located south of Dayton, Ohio.

The new battery storage resource is Ohio's largest electric-storage system, with 800,000 cells. The resource is designed to provide frequency regulation service to the PJM market and delivers a new energy technology to Ohio. The storage resource can displace power generation from aging, inefficient power plants and potentially reduce overall system emissions.

DP&L is a utility subsidiary of AES.

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