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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
Dynegy Chief Executive Resigns
LCG, May 29, 2002--The chairman and chief executive of energy trading company Dynegy, Chuck Watson, resigned his posts yesterday, amidst questions concerning the firm's accounting.Watson's departure may mark greater influence in the management of Dynegy for energy major ChevronTexaco Corp., which owns a quarter of Dynegy stock. The Dynegy board announced that Glenn Tilton, who recently joined the board from the ChevronTexaco, would become interim chairman. The interim chief executive, Daniel Dienstibier, has served as president of Dynegy's Northern Natural Gas pipeline business.Pressure for Watson's resignation had come from Dynegy's board of directors, which, in addition to Mr. Tilton, includes two other ChevronTexaco executives. Increasing scrutiny from investors and credit rating agencies have come in response to news about "round-trip" trades of energy with CMS Energy Corp., which increased the company's revenues but not its profitability. Mr. Watson had said that the trades had been to "test the system," but that there had been "no intent."Derivatives contracts, tradable agreements which accounted for 80% of pretax income of $167 million in the first quarter, are accounted for using "mark-to-market" valuations, which can vary widely. Some of these contracts accounted for profits booked for 2002, although cash from some of them will be received in 2006.The change in company leadership may aid the company in negotiating for a credit line for a subsidiary, Illinois Power. Illinois Power had recently taken out a loan for $200 million, rather than a renewed credit line for $300 million.
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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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