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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

Davis Heads for Washington Power Confab

LCG, Jan. 9, 2001California Gov. Gray Davis was in Washington today for an evening conference with President Clinton and senior administration officials, aimed at coming to grips with the deepening electric power crisis in the Golden State.

Davis will meet with the president, Gene Sperling, who is director of the National Economic Council, Energy Secretary Bill Richardson and Treasury Secretary Lawrence Summers. Together, they hope to reach a solution to the crisis threatening electric service in California and has pushed the state's two largest utilities to the brink of bankruptcy.

Officials from the two companies Pacific Gas & Electric Co. and Southern California Edison Co. were also expected to participate in the conference, along with James Hoecker, chairman of the Federal Energy Regulatory Commission.

Yesterday in Wyoming, Richardson said "Tomorrow, everybody needs to give a little -- the California utilities, the state government." The two utilities contend they have nothing more to give. They have subsidized their customers to the tune of $12 billion and have almost no cash left to buy more power.

Any massive dislocation in the California energy sector would have national implications. By itself, the state is the world's sixth-largest economy, ranking just behind Great Britain and ahead of Italy. Last week the White House acknowledged that a ripple effect could hit the nation's big banks and other groups.

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