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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
Possible $1.7 Billion Settlement Between El Paso Corp and California
LCG, March 21, 2003El Paso Corporation settled with the state of California over allegations of energy market manipulation, according to a San Francisco Chronicle source.California accused the massive pipeline company of manipulating natural gas transport in order to drive up the cost of natural gas. This alleged activity would have had a direct effect on the price of electricity and would have contributed to the western energy crisis of 2000 and 2001.According to the Chronicle, El Paso will give Californians aggregate discounts on natural gas and electricity totaling $1 billion over 20 years. Californian agencies and some private companies will directly receive an additional $225 million worth of cash and stock. Another $440 million in cash will be given to the same groups over the next 20 years.Washington, Oregon, and Nevada will also see about $100 million from the settlement.Apparently, El Paso officials who were rewarded with $2 million worth of bonuses for the corporations 2000 and 2001 profits will give up their bonuses. According to the Chronicles analysis, El Pasos profits went from negative $44 million to $341 million, if numbers are compared from before and during the California energy crisis.El Paso executives insist that the corporation did not participate in any manipulative or illegal activities and are merely settling because of political realities and hostile public sentiment.The Federal Energy Regulatory Commission has scheduled an evidentiary meeting regarding Californias allegation next Wednesday, and FERC has already said all evidence will be made public.Many public and private parties filed suit against El Paso regarding possible illegal pipeline allotment, including several companies involved with the production of glass, a very energy consumptive process that requires high natural gas volume.California had originally sought $3.7 billion from El Paso and, under this settlement, will withdraw its filing to FERC.
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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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