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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

UtiliCorp Closes St. Joseph Deal, Quits on Empire District

LCG, Jan. 3, 2001UtiliCorp United Inc. said yesterday that it had completed its acquisition of St. Joseph Light & Power Co. Separately, the company announced it has terminated its agreement to acquire the Empire District Electric Co.

In a letter sent yesterday to Myron W. McKinney, Empire District president and chief executive officer, UtiliCorp President and Chief Operating Officer, Robert K. Green, pointed out that under the terms of the agreement, either company could terminate the deal if regulatory approvals of the merger were notobtained by December 31.

Arkansas has rejected the merger, Missouri has approved the merger but rejected the companies' regulatory plan in support of it, and Kansas has yet to take action.

"The significant remaining uncertainty of this lengthy regulatory process prevents any reasonableexpectation that the merger could ever be completed with balanced benefits accruing to Empire'scustomers and the shareholders of both companies," Green said.

Myron W. McKinney, Empire's chief executive, said his company was disappointed, but "will continue providing the quality services that our customers expect and deserve while providing a fair and reasonable return to our shareholders."

As to closing the St. Joe deal, Green said "The merger joins two of Missouri's most experience utilities, which have adjacent territories."

Under the terms of the merger agreement, St. Joe shareholders will receive .7933 shares ofUtiliCorp common stock for each share of St. Joe stock held as of December 29.

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