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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

California Regulators May Allow 20 Percent Rate Hike

LCG, Jan. 3, 2001The California Public Utilities Commission staff will recommend that the state's two largest electric utilities be granted "interim" rate increases of up to 20 percent, a source close to the Commission hearings said this morning.

Pacific Gas & Electric Co. has been pushing for a 26 percent rate increase and Southern California Edison Co. has asked for 30 percent. Both companies say they will want more later, to pay for close to $9 billion in subsidies they have been forced to grant electricity customers.

A 20 percent rate increase would add between $10.50 and $13.00 to the typical householder's monthly electric bill.

The Commission began two days of hearings into the rate increase last Wednesday, but they spilled over into this week. The Commission staff will propose the rate increase, possibly late today, and the Commission will discuss and vote on it tomorrow.

In Sacramento, state lawmakers were expected to take up the state's electricity problems today in a special session of the Legislature called by Gov. Gray Davis.

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