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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

Entergy, NYPA Close Sale of Indian Point 3, FitzPatrick

LCG, Nov. 22, 2000--Entergy Corp. and the New York Power Authority yesterday closed the sale ofNYPA's two nuclear power plants, Indian Point unit 3 in Buchanan, N.Y., and the James A. FitzPatrick plant near Oswego, N.Y. The two organizations announced the deal last March.

Entergy said in a statement that the acquisition is its largest yet in its nuclear growth program and, at $967 million, is the highest price yet paid for nuclear assets in the U.S.

Entergy Nuclear Northeast now has three plants to operate. Entergy purchased the Pilgrim NuclearStation at Plymouth, Mass., in July 1999 from Boston Edison Co. in the first sale in the U.S. of anuclear power plant in a competitive bidding process.

With Indian Point 3 wrapped up, Entergy will now pursue its acquisition of Indian Point 2 and the mothballed Unit 1 from Consolidated Edison Co. of New York, and hopes to close that transaction by next summer. Con Edison is replacing the steam generators in Indian Point 2 and hopes to have the plant running by the end of the year.

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