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News
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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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LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.
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Industry News
Greenspan Sees No Quick End to High Natural Gas Prices
LCG, June 11, 2003--The chairman of the Federal Reserve, Alan Greenspan, testified before Congress yesterday on the rise of natural gas prices, and the lack of new supplies to counter the trend.A year ago, the typical price per million btu was around $3.50, but recently has been near $6. Much of the rise has apparently come from the drop in inventories brought on by an unexpectedly cold, longer winter and increased need for heating. Greenspan said that the cost of natural gas is cutting into corporate earnings and household spending on other goods, and could delay national economic recovery. Given the signals from the forward market for gas, Greenspan said that a price level of around $2 per million btu represents "a historical relic, at least for the time being."The chairman noted that drilling companies' discoveries are not producing the same increase in production that they had previously. He said that the U.S. should seriously consider significant expansion of liquid natural gas terminals to handle shipments from overseas, as even Canada, which supplies about 15 percent of national consumption, is not able to boost its exports to the degree that prices would be noticeably affected.
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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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