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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
Financing Hurdle Cleared for Hudson Transmission Project
LCG, May 24, 2011--The developer of the Hudson Transmission project, Hudson Transmission Partners, LLC (HTP), announced yesterday that it has closed financing on over $850 million in debt and equity for construction of the project, which is designed to deliver up to 660 MW of new electric power supply via a underground and underwater cable extending approximately seven-miles between New Jersey and Manhattan. Construction is scheduled for completion for the summer of 2013.
Equity financing will be provided by private equity funds managed by Energy Investors Funds and Starwood Energy Group Global, LLC, and debt financing will be provided by a consortium of institutional investors through a private placement arranged by SG Americas Securities, LLC and RBS Securities, Inc.
The Hudson Transmission Project connects the PJM Interconnection to New York City, which has limited transmission linking the load center to electric supplies. The New York Power Authority (NYPA) will, under a long-term agreement with HTP, use 495 MW of capacity, with the remaining 165 MW of transmission capacity available to others on a merchant basis. The New York Public Service Commission (PSC) approved the project in September 2010 as a means of increasing access for New York City to new power supplies and improving the reliability and security of the transmission system.
The Project includes installing a new electrical converter station in Ridgefield, New Jersey. The station will convert Alternating Current (AC) power from the PJM system to Direct Current (DC), and then back to AC within the same site (called "back-to-back conversion"). The 345-kV underground cable will follow existing rights-of-way to Edgewater, New Jersey, where it will enter the Hudson River and be buried beneath the river bottom for approximately three miles before making landfall near Pier 92 in Manhattan. From there, the cable will extend approximately 0.4 miles under streets and interconnect at the ConEd West 49th Street substation.
The Project will have two-way power transfer capability that will improve electric reliability improve stability of its interconnecting utility (PSE&G).
The Hudson Project has received all necessary major permits and approvals for construction. HTP issued a Notice to Proceed to its principal contractors, Siemens Power Transmission and Distribution, Inc., which will provide the converter station technology, and Prysmian Cables and Systems USA, LLC, which will manufacture and install the power cable.
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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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