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News
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LCG, May 8, 2025--The Southwest Power Pool (SPP) Board of Directors approved SPP’s proposed Expedited Resource Adequacy Study (ERAS) at its May 6 meeting. SPP developed the new ERAS in collaboration with its stakeholders in response to the growing need to add new generating resources before the region’s generating capacity is outpaced by its electricity demands. ERAS is intended to be a one-time, expedited study process designed to significantly accelerate the addition of new power generation facilities to the grid and address concerns about the near term ability to maintain the affordable and reliable electric service that consumers expect.
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LCG, May 7, 2025--EDP Renewables North America LLC (EDPR NA) announced yesterday the inauguration of its Scarlet II Solar Energy Park (Scarlet II) in Fresno County, California. This phase of the solar plus energy storage project includes 200 MW of solar capacity, plus a co-located 150 MW/600 MWh battery energy storage system (BESS). The initial phase of the project, Scarlet I, which provides 200 MW of solar and 40 MW/160 MWh of BESS, achieved commercial operations in July 2024.
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Industry News
AEP Completes Sale of Fossil-Fueled Power Plants in PJM
LCG, January 31, 2017--American Electric Power (AEP) yesterday completed the sale of four competitive power plants to Lightstone Generation LLC, a joint venture of Blackstone and an affiliate of ArcLight Capital Partners LLC, for approximately $2.1 billion. The four, fossil-fueled energy facilities are located in the region served by the PJM Interconnection and have a combined electric generating capacity of approximately 5,200 MW.
When the agreement was announced last September, AEP's chairman, president and chief executive officer stated, "AEP's long-term strategy has been to become a fully regulated, premium energy company focused on investment in infrastructure and the energy innovations that our customers want and need. This transaction advances that strategy and reduces some of the business risks associated with operating competitive generating assets."
The agreement includes the following energy generating facilities: Lawrenceburg Generating Station (1,186-MW, natural gas-fired facility located in Lawrenceburg, Indiana); Waterford Energy Center (840-MW, natural gas-fired facility located in Waterford, Ohio); Darby Generating Station (507-MW, natural gas-fired facility located in Mount Sterling, Ohio); and the General James M. Gavin Plant (2,665-MW, coal-fired facility located in Cheshire, Ohio).
AEP announced that it will net approximately $1.2 billion in cash after taxes, repayment of debt associated with these assets and transaction fees.
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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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