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

Expansion of Cleco's Rodemacher Power Station Advances

LCG, February 9, 2006--Foster Wheeler Ltd. announced today that a U.S. subsidiary within its Global Power Group was awarded a contract for the design and supply of two circulating fluidized-bed (CFB) boilers planned for the Rodemacher Power Station, which is owned by Cleco Power, the utility subsidiary of Cleco Corp. The construction of the boilers is scheduled to start this spring, and the project is scheduled to commence commercial operations in July 2009.

Cleco announced plans to build a new, coal-fired power plant in July 2005, with the primary site being the existing Rodemacher Power Station near Boyce, Louisiana. Cleco filed plans has for the project with the Louisiana Public Service Commission (LPSC).

The electric generating capacity of the proposed plant expansion has increased slightly from 600 MW to 660 MW. The boilers are designed to burn a wide range of solid fuels and to deliver steam to a single, 660-MW, reheat turbine. The plant, estimated to cost approximately $1 billion, could be fueled by western coal from the Powder River Basin, lignite from the state of Louisiana, and petroleum coke, which is a waste byproduct of crude oil refinement.

The new, coal-fired plant is part of Cleco's strategy to reduce reliance on generation fueled by natural gas. Seventy percent of the electricity Cleco currently generates is derived from plants fueled by natural gas, and Cleco estimates it may save customers more than $4 billion over 30 years.

The existing Rodemacher Power Station includes two units with a total capacity of 963 MW. Unit 1, with a capacity of 440 MW, is owned by Cleco Power and is fueled by natural gas and low-sulfur fuel oil. The initial start-up of Unit 1 was in 1975. Unit 2, completed in 1982, is jointly owned by Cleco Power, Louisiana Electric Power Association and Lafayette Utilities System. Unit 2 has a capacity of 523 MW and is fueled primarily by coal from the Powder River Basin.

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