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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
PJM Capacity Rules Drive Mon Power to Evaluate Options for Bath County Pumped Storage Project
LCG, November 16, 2016--FirstEnergy Corp. subsidiary Mon Power Friday announced that it has initiated a review of its ownership stake in the Bath County Pumped Storage Project located in Warm Springs, Virginia. Mon Power's review is driven by recent changes in the PJM capacity market that are expected to reduce sharply its capacity revenues from the facility.
Mon Power has an indirect ownership interest in the pumped storage hydroelectric generating facility that includes a higher and lower reservoir and a powerhouse interconnected by tunnels. The powerhouse includes six pump-turbines that (i) generate power when water flows from the higher to the lower reservoir (and hourly power prices are relatively high) and (ii) consume power to pump water from the lower to upper reservoir (when power prices are relatively low, e.g., at night). Dominion Resources, Inc. subsidiary Virginia Electric and Power Company is the majority owner and operator of the facility, which has a total generating capacity of approximately 3,000 MW.
The new capacity rule for PJM, the regional transmission operator, is expected to reduce the value of pumped storage generation stations because they cannot produce electricity continuously during all hours of the day. Mon Power estimates that, under the new rules, its capacity revenues from Bath County will be roughly cut in half.
First Energy Corp. sold a number of hydro facilities in 2014, when it completed the sale of 11 other hydroelectric power stations to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP. The total capacity of those hydroelectric facilities was 527 MW, including the Seneca Pumped Storage Hydro Plant (451 MW), located in northwestern Pennsylvania.
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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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