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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
CA ISO to Submit Market Design Plan Today
LCG, May 1, 2002-The California Independent System Operator (ISO) intends to file a Market Design proposal with the Federal Energy Regulatory Commission (FERC) today. The ISO, responsible for reliability in electricity transmission, has created the extensive plan to improve California's electricity transmission. Dubbed Market Design 2002, or MD02, the proposal includes addressing congestion more effectively, creating better locational signals so that new generation is built in the appropriate place, and yielding more authority to the ISO. The plan includes capping bids at $108 per megawatt-hour, indexed to natural gas, and also requires "bid screens" to filter out bids deemed unreasonably high relative to the operating climate. This part of the proposal, to be implemented Oct. 1, is being offered in light of the September 30th scheduled end to price control. However, the ISO has made clear it would rather FERC prolong price controls over implementing the bid restriction elements. ISO members hope that FERC will decide on MD02 by July.
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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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