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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
Michigan Governor Supports Reopening Palisades Nuclear Facility
LCG, September 16, 2022--The Governor of Michigan last week sent a letter to the U.S. Department of Energy (DOE) in support of Holtec International’s application for a federal grant under the Civil Nuclear Credit (CNC) program to save the Palisades Nuclear Facility in Southwest Michigan. The federal grant could result in restarting the baseload, carbon-free, nuclear power plant.
The Governor stated, "Keeping Palisades open will keep energy costs low, shore up domestic energy production, and increase Michigan’s competitiveness for future economic development. I am proud to write in support today of Holtec International’s application for a Civil Nuclear Credit that—if granted—will empower us to keep fighting for economic opportunity for Southwest Michigan and protect 1,700 local jobs. The Palisades Nuclear Facility meets the criteria for this program and keeping it open will help us produce enough clean, reliable energy in Michigan to power hundreds of thousands of homes and small businesses. While we await a final decision from the Department of Energy, we will continue efforts at the state level to create and protect good-paying jobs, compete for more economic development opportunities, and boost domestic energy production."
The CNC is a federal investment program created as part of the Bipartisan Infrastructure Law (BIL) to help preserve the existing, carbon-free U.S. reactor fleet and save thousands of jobs across the country. Under the $6 billion program, owners or operators of commercial U.S. reactors can apply for certification to bid on credits to support their continued operations. An application must demonstrate the reactor is projected to close for economic reasons and that closure will lead to a rise in air pollutants and carbon emissions. Credits are to be allocated to selected certified reactors over a four-year period beginning on the date of the selection. Credits can be awarded through September 30, 2031, if funds remain available.
Palisades Nuclear Facility includes a single, 811-MW reactor and is located on the eastern shore of Lake Michigan. The plant had been generating carbon-free electricity since December 31, 1971, and the operating license was set to expire in 2031. Market conditions for the plant were not favorable, and Entergy, the then-owner, shut down the plant in May 2022 after the power purchase agreement (PPA)for the plant with Consumers Energy expired.
In June, Entergy sold the plant to Holtec Decommissioning International. Plans had called for the plant to be transferred to Holtec for decommissioning under terms of an agreement approved by the Nuclear Regulatory Commission (NRC) in December 2021. However, Holtec applied for a federal grant under the Civil Nuclear Credit (CNC) program in July to restart the plant.
The President and CEO of Holtec International stated, "We applaud Governor Whitmer for her leadership in recognizing the vital importance of Palisades to Michigan’s clean energy future as a source of safe and reliable carbon-free electricity. The Governor and her team have been instrumental in supporting this historic opportunity for Southwest Michigan and the country. We look forward to continuing to work with the administration as well as our federal, state, and community partners to make this hope a reality.”
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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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