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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
California Treasurer Still Pushing $12.5 Billion Deal
LCG, Jan. 7, 2002--California Treasurer Phil Angelides is pushing hard for the state to issue the $12.5 billion in power revenue bonds that would pay back the general fund for more than $7 billion in spot market purchase of electricity and fund the $43 billion in long term contracts.Angelides said it was essential for the bonds to be sold if California wants any chance of making it through the economic challenges it faces, according to a report Saturday by Thomson Financial Media."The only thing standing between us and the marketplace is us," he said yesterday, speaking at a bond buyer conference. "The deal has to get done."At first, the bond issue was delayed by the state legislature. When Republicans refused to go along with the indebtedness -- the largest municipal bond issue ever -- during a special session called by Gov. Gray Davis, there was no chance that the sale could take place last spring.Davis had "guaranteed" that the general fund would be repaid by June 30.A new deadline of October 31 was set for the bond sale, but by then the California Public Utilities Commission, which must sign off on some elements of how the debt is to be repaid and serviced, looked with disfavor upon the issue. The CPUC has taken no action and appears unwilling to do so.Angelides remains optimistic. "My hope is that in the next few weeks the PUC will look at the reality of where we stand fiscally in the state and the reality that the governor plans to veto Senate Bill 18XX."Senate Bill 18XX is an alternative bond structure that Angelides and the state attorney general have said could lead to extensive litigation that would further delay the sale or make it impossible to sell bonds."The state can't get a bond counsel to say that bonds sold under SB 18XX would be free from litigation risk," Angelides said Friday. "We have not yet found a firm willing to give a clean opinion."
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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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