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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

State May Broker Electricity to California Utilities

LCG, Jan. 15, 2001California Gov. Gray Davis said yesterday he will ask the state legislature to approve a plan under which the state would procure power from generators and resell it at attractive prices to the state's investor-owned utilities.

The proposal could be introduced in the legislature tomorrow, official said. The plan is aimed at staving off bankruptcy for the state's two largest electric utilities, both of which say they no longer have sufficient cash to buy power for their customers and suppliers will no longer extend them credit.

The idea of the state as broker came Saturday near the end of a seven-hour, coast-to-coast video and telephone conference in which participants in Washington, Sacramento and Los Angeles were hooked up.

Near the end of the marathon teleconference, Davis was joined by leaders of the heavily Democratic California legislature in a news conference in which he said the state could enter into long-term contracts with power producers for electricity at a cost far lower than what the utilities have been paying. The state would then re-sell the power to the utilities at cost.

While Davis sounded triumphant with his plan, others weren't so sure.

Joe Bob Perkins, president and chief operating officer of Reliant Energy Wholesale Group which operated California power plants it acquired from the state's utilities, would only say "We're still digesting it."

The governor said his plan was a "bipartisan" solution, but state Senate Republican leader Bill Campbell sounded less than convinced. "The answer is going to be in the numbers," he said.

State Senate President Pro Tem John Burton, a San Francisco Democrat, said that the state was seeking to purchase power for 5 to 5 cents per kilowatt-hour, but power producers "didn't come in with that kind of offer."

Instead, Reliant Energy Wholesale Group and the other power producers want 7 or 8 cents per kilowatt-hour, an amount probably reflecting the high cost of natural gas, the fuel of choice for California power plants.

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