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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

Philly Gas Works Allowed 30 Percent Rate Hike

LCG, Jan. 12, 2001--The Pennsylvania Public Utility Commission said yesterday it had approved a request by the Philadelphia Gas Works to raise its gas cost rate by an additional $133 million, or about 30 percent for residential customers, in order to cover the sharply escalating cost of natural gas.

The increase will raise the monthly bill for a typical residential heating customer using 10,000 cubic feet of gas per month from approximately $104.58 to $136.12 and will be effective retroactive to January 1. The rate hike comes on top of a $97 million gas cost increase the PUC approved last November.

The PUC point out that the gas cost represents what Philly Gas Works pays for wholesale natural gas. The company passes through to consumers the cost of buying gas and does not make a profit on it. The gas cost charge is one part of a customer's bill. Customers also pay a base rate charge that includes transmission and distribution charges.

Philly Gas Works wants to bump the delivery charge, too, and has asked the PUC for a $65 million base rate increase. The regulators have nine months to rule on that one.

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