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News
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LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.
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LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.
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Industry News
AEP Emphasizes Core Utility Operations
LCG, Jan. 24, 2002--American Electric Power Co. (AEP) announced that following a fourth-quarter loss of $837 million, it will sell domestic and overseas non-utility assets, many of which have recently fallen in value, and reduce its workforce by 1,300, or about 5%.The company is reducing its dividend to 35 cents a share from 60 cents in order to improve liquidity and reduce borrowing costs. "The once flourishing wholesale market is no longer the promising business we contemplated three years ago," said AEP chairman, chief executive and president, E. Linn Draper Jr. The company, which has most of its power generation assets in the Midwest, has already reduced its trading operations, like many other energy companies hurt by a loss of investor confidence.Draper noted that the company would be operating according to the "traditional model" of the regulated utility. While AEP has written off $1 billion in asset value this quarter in recognition of poor market conditions, it plans to sell subsidiaries such as AEP Coal at the best prices possible, without rushing to turn them into cash.
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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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