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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
CFTC Wants Energy Price Data from Publisher
LCG, May 20, 2003--An order from a federal judge is being sought by the U.S. Commodities Futures Trading Commission in connection with subpoenas issued to Platts, a division of publisher McGraw-Hill, for documents concerning reported natural gas trades.The Federal Energy Regulatory Commission found evidence of "epidemic false reporting" among large traders of natural gas, including El Paso Corp., Dynegy Inc., and Williams Cos Inc., the agency said in March. A judge for the U.S. District Court in Houston will preside over a hearing on June 2 to determine whether Platts should be forced to provide the documents which could show the trade data as reported by the companies."McGraw-Hill claims that it is cooperating with government regulators. Unfortunately, its definition of cooperation falls far short of the meaning of cooperation," Gregory Mocek, who directs the CFTC's enforcement division, said. Price indexes published by Platts and other sources are used in countless gas contracts to determine the settlement terms.Fines of approximately $25 million overall have been issued by the CFTC to Dynegy Marketing and Trade, West Coast Power LLC and El Paso Merchant Energy, L.P. after the CFTC determined that trade data the companies submitted to Platts had been falsified.
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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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