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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

Sabal Trail Pipeline Achieves Commercial Operations

LCG, July 5, 2017--Sabal Trail Transmission, LLC (Sabal Trail), a joint venture of Spectra Energy Partners, NextEra Energy, Inc., and Duke Energy, announced yesterday that on July 3, 2017, it placed into commercial service its natural gas pipeline system and facilities from Alexander City, Alabama, to the Central Florida Hub near Kissimmee, Florida.

The new pipeline provides 400,000 dekatherms per day of firm transportation to Florida Power & Light (FPL) in time for them to meet their peak cooling season. Additionally, Duke Energy Florida will accept 300,000 dekatherms of firm delivery daily once its 1,640-MW Citrus County combined-cycle natural gas plant is ready to receive natural gas.

The 515-mile Sabal Trail interstate pipeline project begins in Alabama on the Transco pipeline system and extends through southern Georgia and terminates at a central Florida pipeline hub near Intercession City.

The natural gas pipeline will have the capacity to deliver approximately 1.1 billion cubic feet per day (Bcf/day) to the Southeast U.S. once approved future compression expansions occur.

The President and Chairman of the Board of Spectra Energy Partners stated, "Sabal Trail has successfully navigated a rigorous environmental permitting process over the past four years while working with landowners and key stakeholders to construct this new pipeline system. With the completion of this project, Florida Power & Light and Duke Energy will realize needed firm natural gas transportation services to meet their power generation requirements. We are pleased to reach this critical milestone and serve our customers in the Southeast U.S."

The Federal Energy Regulatory Commission (FERC) issued a certificate of public convenience and necessity (CPCN) for the Sabal Trail and Florida Southeast Connection pipelines on February 2, 2016 that authorized the companies to build and operate the pipelines.
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