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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 ISO Announces New "Go-Live" Date for MRTU
LCG, August 23, 2007--The California Independent System Operator (California ISO) yesterday announced a new "go-live" date of March 31, 2008 (for a trade date of April 1, 2008) for the implementation of the Market Redesign and Technology Upgrade (MRTU) program. The prior target was February 2008.
The MRTU is designed to improve the electricity market structure in California so as to enable a more efficient and competitive market to evolve.
Key elements of the MRTU include: a financially binding, day-ahead energy market; models for the California ISO to forecast and identify transmission congestion as a tool in managing congestion; Locational Marginal Pricing (LMP) to provide the proper economic signals to influence new generation and transmission investments; provisions to enhance the development of demand response and renewable resources, and upgrades to the aging ISO computer system.
The California ISO stated that numereous MRTU milestones have already been achieved, such as the launching into production mode the system for Congestion Revenue Rights (CCRs).
The Federal Energy Regulatory Commission (FERC) in September 2006 unanimously approved the MRTU program submitted by the California ISO. At that time, the MRTU was scheduled to be implemented in November 2007.
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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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