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News
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LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.
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LCG, October 14, 2026--American Electric Power (AEP) today announced plans for a 20-year power purchase agreement (PPA) with Google, under which AEP will invest approximately $4 billion to advance a new 702-MW fuel cell generation project located near Cheyenne, Wyoming. Google will acquire power from Cheyenne Fuel Cell, LLC, which is approximately 92 percent owned and controlled by AEP and 8 percent owned by funds advised by Basalt Infrastructure Partners, LLP. AEP and its partners plan to start construction this year and to be fully operational by the end of 2028.
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Industry News
California Power Mess may Hit U.S. Taxpayers
LCG, Jan. 31, 2001Because the federal government used its emergency power to order generators of electricity to continue selling power to California utilities despite their impending insolvency, U.S. taxpayers may be stuck with the bill, the chairman of the Senate Energy Committee said this morning."In the event California cannot repay generators for this power, the federal government is going to have to meet that obligation, because this was an order of the federal government," Sen. Frank Murkowski said at a committee hearing on the causes of California's power problems.When it became apparent that power suppliers, principally in the Pacific Northwest, would cease sending power to California, then-Energy Secretary Bill Richardson used his emergency powers to order the deliveries continued. The Bush administration has extended the order until February 7, but has warned that there will be no further extensions.Murkowski also deplored the "not-in-my-backyard" attitude of Californians toward the construction of new power plants to meet the state's insufficiency of generation, which he said was a major cause of the mess. "Electricity does not appear magically at the plug," the Alaska Republican said.No witnesses from the federal or state governments appeared at today's hearing, but those who spoke generally agreed that two major flaws in California's electric deregulation scheme caused today's crisis.The first was creating a plan that lacked incentive for new sources of power to meet increasing demand. One witness noted that while Silicon Valley imports more than three quarters of its power, it has fought the building of new power plants within view of its own factories. That was an allusion to the City of San Jose and Cisco Systems objecting so far successfully to the development by Calpine Corp. of a modern, natural gas-fueled 600 megawatt power plant in a rural area near where Cisco is building a new facility.The other flaw was allowing power producers to charge utilities market based prices for power while forcing the utilities to resell that power to its retail customers at rates which were fixed at 10 percent below the rates that existed at the time the restructuring law was passed.No real attempt was made at the hearing to fix blame for the problem, it generally being realized that everybody involved shares responsibility. Steve Frank, chief executive of Southern California Edison Co., said "All of us, including the utilities, were not as insightful as we should have been about the way the market would work and the way demand and supply would get out of balance in the California economy."Lawrence Makovich of Cambridge Energy Research Associates, told the panel "It would be a mistake to blame the problems in California on deregulation itself." He pointed to the difference between deregulation in California and Texas, where development of new power plants has been encouraged. In California, he said, "investment in new power supply (is) neither possible nor profitable."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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