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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
Settlement Reached Between Ontario, Coral
LCG, Feb. 24, 2003--Coral Energy has paid C$1.6 million ($1.07 million) to Ontario's Independent Electricity Market Operator (IMO), while making "no admission of a breach of the market rules," according to the IMO website.The settlement marks the largest such voluntary payment by an energy trader to the IMO. Neither Coral Energy nor IMO spokesmen would provide any information about what transactions were related to the settlement. According to Jimmy Fox, a Houston-based spokesman for Coral, the company did not gain financially from its trades, and did not manipulate the market.The IMO coordinates the balance of demand and supply based on its monitoring of trades. It has investigated 106 trades that failed before execution during last summer, and has ceased looking into 41 of them. At least double the number of trades being investigated failed shortly after Ontario's retail market was deregulated. Retail price caps were imposed following price increases under deregulation that brought political pressure to bear on the government. The caps are due to expire in three years.Critics of the return to regulation say that the move discourages investment in new generation, and will lead to a supply shortage and the need for Ontario to buy imported electricity at higher prices. The CEO of Atco Power, Nancy Southern, said last year that strong transmission links to the United States could enable new Ontario-based plants to export power profitably across the border.
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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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