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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

First Solar Completes 550-MW Solar Project in Southern California

LCG, January 21, 2015-First Solar has completed construction of the 550-MW Desert Sunlight Solar Farm, which is co-owned by NextEra Energy Resources, GE Energy Financial Services, and Sumitomo Corporation of America. The Southern California project reached the commercial operations milestone on December 5, 2014, according to the California ISO. Construction on the project began in September 2011.

The electricity generated by the solar photovoltaic (PV) facility is under power purchase agreements (PPAs) with Pacific Gas & Electric (PG&E) and Southern California Edison (SCE). PG&E's share of capacity is 300 MW, with SCE contracting for 250 MW.

The Desert Sunlight Solar Farm is located in Riverside County on land managed by the Federal Bureau of Land Management (BLM).
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