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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
PetroWorld Develops Floating Methanol Plant
LCG, July 29, 2003Several petroleum companies have joined forces to develop a floating methanol plant. Transworld Exploration and the Petroleum Oil and Gas Corporation of South Africa have formed the joint venture PetroWorld Limited, which itself has joined with New Jersey-based Foster Wheeler Power Systems and Texas-based Starchem Technologies and Waller Marine Inc. The companies are interested in accessing stranded natural gas reserves and converting the gas into methanol. Much of the worlds natural gas reserves lie untouched under remote parts of the ocean. Transporting the gas by refrigerated tankers is not efficient or affordable. Converting the gas to a liquid such as methanol allows the fuel to be transported as a liquid on ordinary tankers. However, traditional methods of converting natural gas to methanol cannot be applied directly to a floating system because of size and safety considerations. Starchem Technologies, Waller Marine, and Foster Wheeler Power Systems are apparently engineering realistic methanol floating plants, which may be deployed within three years of project finalization. The floating plant will be able to produce roughly 12,000-15,000 tons of methanol per day. Methanol, also known as wood alcohol, can fuel cars and other devices. The chemical has only one carbon atom, one less than ethanol. Methanol is lethal if ingested by humans but burns very cleanly when used as fuel.
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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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