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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

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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AEP Announces 702-MW Bloom Fuel Cell Project to Serve Google in Wyoming

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

Calpine Buys Out Partner in New England Plants

LCG, Oct. 23, 2000--Calpine Corp. said Friday it would buy from Dartmouth, Mass.-based Energy Management Inc. the interest it does not already own in three recently-built New England power plants. Calpine will also get a joint marketing venture.

Calpine said it would pay $100 million in cash and $45 million in stock for the assets, as well as assume about $220 million of project financing. The power plants are located in Dighton, Mass., Tiverton, R.I. and Rumford, Maine, and represent a total of 700 megawatts of capacity.

Calpine senior vice president Bob Alff said "The Dighton, Tiverton, and Rumford assets are among the first merchant power plants in the New England market, and acquiring the remaining interest in these projects illustrates the implementation of our New England market strategy."

In other New England activity, Calpine is in the final stages of construction of the 500 megawatt Westbrook Energy Center, in Westbrook, Maine, and will shortly begin construction of the 500 megawatt Towantic Energy Center, in Oxford, Conn. The company also owns a 37 percent interest in the 160 megawatt Androscoggin Energy Center, located in Jay, Maine, as part of its recently completed acquisition of Northbrook, Ill.-based SkyGen Energy.

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