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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 Audits Confirm Utilities' Insolvency
LCG, Jan. 30, 2001Independent audits of California's two big electric utilities, ordered by the state Public Utilities Commission which said it doubted the veracity of the companies' own financial officials, confirm that things are just as bad as the regulators were told.The audit for Southern California Edison Co. was released yesterday and that for Pacific Gas & Electric Co. was expected to follow today.Undertaken for the PUC by accounting firm KMPG, the audit of SoCal Edison showed that the utility had lost about $4.5 billion purchasing power at market rates and selling it a fixed rates. The audit also answered critics who have complained of transfers of money from SoCal Edison to its parent, Edison International Inc.In the five years covered by the audit, SoCal Edison had transferred large sums to Edison International, and the parent company had paid out $1.6 billion in shareholder dividends and had spent another $2 billion repurchasing the company's stock. KMPG found nothing unusual about those transactions, noting that they were made when the going was good.Edison spokesman Steven Conroy said of the audit, "It does certainly highlight what we've been saying about our financial situation."Phil Trounstine, communications director for California Gov. Gray Davis, said the governor believes the audits support his contention that the state can help the utilities out of their present difficulties without a further rate increase, but didn't say what sort of magic the governor would use.He'll need some. Twelve days ago, the state began purchasing power for the utilities under emergency legislation that provided $400 million for the purpose. California Department of Water Resources spokesman Mike Sicilia said yesterday that the department had used up the money by Sunday. "We are now operating under the governor's emergency powers," he explained.Davis has ordered more state money to keep the utilities in electricity, but didn't say how much or how long the state would go on buying short-term power.
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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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