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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
Reliant Fined in Plant Shutdown Case
LCG, Feb. 3, 2002--The Federal Energy Regulatory Commission (FERC) on Friday released documents and announced a $13.8 million fine based on what a commissioner called "blatant" actions by Reliant Resources to drive up power prices in June 2000 by shutting down power plants in California.Transcripts of conversations between traders for Reliant that were provided to the FERC indicated that multiple plants were taken out of the market on June 21 and June 22, about one month after prices in the Western power market had begun to climb from previous levels. One trader, whose identity was not given, stated in one transcript, "We decided prices were too low on the daily market, so we shut down everything except Ormond." In another conversation, a trader asked about shutdowns, "Did the market find out?" The answer was "No, God, no." Transcripts were posted on the FERC website.The Sacramento Bee reported that Mike Florio, an attorney on the board of the California Independent System Operator, said that during the period in question, "roughly 8,000 to 10,000 megawatts disappeared from the Power Exchange market, virtually overnight." Many plant operators said that prolonged running of plants at high capacity made it necessary to take plants down for maintenance.Reliant Resources will be required to have shutdowns at its plants during the next two years overseen by an independent engineering firm, which will need to provide updates to federal authorities. The fine imposed on Reliant was assessed based on FERC's calculation of the overall impact on buyers of power at the time. The fine will be allocated to individual participants, such as the state's utilities, after specific impacts have been determined.The amount of the fine was strongly criticized by Gov. Gray Davis, who deemed it "insulting." State Sen. Debra Bowen, D-Marina del Rey, said claims by generators that all possible capacity had been provided to the market had been shown to be "an absolute farce."
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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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