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News
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LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
AEP Revises Settlement and Agrees to Retire Three Coal-fired Units
LCG, February 26, 2013--A revised settlement agreement between American Electric Power Company (AEP), the U.S. Environmental Protection Agency (EPA), and a coalition of environmental and citizen groups was announced yesterday that will retire three of AEP's coal-fired, electric generating units.
The revised settlement includes the closure of AEP's Tanners Creek Generating Station Unit 4 in Indiana, the Muskingum River Power Plant Unit 5 in Ohio, and the Big Sandy Power Plant Unit 2 in Kentucky, which have a combined generating capacity of 2,011 MW.
Other terms of the revised settlement include AEP paying a total of $6 million to Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont, plus $2.5 million to citizen groups in Indiana. AEP must also develop 50 MW of wind or solar generating capacity in 2013, plus 150 MW in Indiana or Michigan by 2015.
The revised settlement allows AEP to install a lower cost, sulfur dioxide emission control system at the Rockport coal plant in southern Indiana.
AEP, like other owners of coal-fired power plants, continues to evaluate costly compliance options in response to growing federal regulations, such as the utility mercury and air toxics standards (MATS), driven by the EPA. Uncertainty on near-term emission control project costs, plus future incremental costs to comply with new regulations that may arise, makes it increasingly attractive to retire older coal-fired plants and to invest in new plants fueled with low-cost natural gas.
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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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