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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

DTE to Construct Solar PV Facilities with Combined Capacity of 45 MW in Michigan

LCG, December 22, 2015--DTE Energy announced yesterday plans to start construction in the spring of 2016 on two solar photovoltaic (PV) facilities that will have a combined electric generating capacity of 45 MW. The two projects will be built in collaboration with the City of Lapeer, Michigan.

The addition of these solar projects will support DTE Energy in its efforts to exceed the Michigan Renewable Energy Standard (RES) that requires electric utilities to supply ten percent of their electricity from renewable energy sources every year from 2015 to 2029. The RES was enacted in 2008.

DTE Energy's vice president of Business & Development stated, "DTE is the largest investor in solar in the state. The development of the two new Lapeer solar projects furthers that investment and reflects DTE Energy's broader commitment to build a more sustainable future for our customers through a cleaner, more diversified energy portfolio."

Earlier this month, the Michigan Public Service Commission (PSC) approved DTE's contract with Inovateus Solar MI, LLC to develop additional solar generating capacity of up to 50 MW, and this approval allows DTE to proceed with the two (30-MW and 15-MW) Lapeer sites. DTE is evaluating other sites for the remaining 5 MW of the approved generating capacity.
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