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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
El Paso Corp. Settles for $20 Million over Reported Trades
LCG, March 27, 2003After a federal investigation, the electricity trading subsidiary of El Paso Corporation has agreed to pay $20 million.El Paso Corp.s Merchant Energy will pay $10 million now and $10 million over a three years, according to the settlement made with the Commodity Futures Trading Commission. However, the corporation continues to deny that it participated in illegal activities.El Paso first allegedly discovered the reporting of a false trade in November of last year. Later, the company announced finding several additional false or inaccurate price reports but also noted those responsible were no longer employed with the company.Other corporations have faced scrutiny for similar manipulative reporting allegations. Dynegy settled for $5 million in December over allegations that its traders had reported inaccurately. Williams Cos., CMS Energy, and American Electric Power Co. have also reported finding fake trades during internal investigations.El Paso Corporation is the countrys largest natural gas company. Its trading unit Merchant Energy is slated to be shut down as the company is reorganizing and selling off some of its assets.
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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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