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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 Submits Evidence of Alleged Manipulation
LCG, Mar. 3, 2003--California officials continue to try to obtain $7.5 billion worth of refunds from power suppliers based on long-term contract prices signed in 2001, and said evidence they are submitting to the Federal Energy Regulatory Commission today was too significant to be concealed by a protective order.The evidence, taken from transcripts of conversations between power traders, documentation of bids and plant operations, interviews with traders and company memos, was collected during a period of 100 days, an extension of the time in which the FERC had originally allowed the state to submit its findings. While Reliant Resources was fined $13.8 million for its role in having power withheld from the market during a short period during June, 2000, those involved with the current investigation have indicated that market abuse was much more prevalent and persistent than has previously been demonstrated.According to California's findings, the San Francisco Chronicle has said, major energy companies such as Williams, Dynegy and Mirant shut down power plants that were capable of operating in order to drive prices up artificially. Companies named by California will have until March 20 to rebut the state's conclusions. FERC intends to make its determination on most of the claims for refund within a month's time.The chairman of utility holding company Edison International, John Bryson, said information sealed under the protective order contains evidence that is "extraordinarily strong." According to Loretta Lynch, a current member and former president of the California Public utilities Commission quoted in the San Diego Tribune, "If FERC does not institute punishment that is both serious and suitable, (market manipulation) will continue and the only choice will be reregulation of the marketplace." Gary Ackerman, the executive director of the Western Power Trading Forum, said that FERC's plan to reach a conclusion on nearly all the claims within a month "sounds a little tight," and commented that "I would expect and pray my members have not done any of this and they will bring to light anything that was inappropriate in the course of this process."
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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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