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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

Connecticut Okays Dominion Purchase of Millstone Nukes

LCG, Jan. 24, 2001The Connecticut Department of Public utility Control said this morning it has approved the purchase by Dominion Resources Inc. of the three-unit Millstone nuclear power complex from Northeast Utilities.

The DPUC noted in a news release that the price Dominion would pay for Millstone, almost $1.3 billion, was more than five times higher than the minimum bid of $232 million that was set for the state-ordered auction.

Donald Downes, head of the DPUC, said that the sale will reduce the stranded costs of Northeast subsidiary Connecticut Light & Power Co. by about "half the original $3.5 billion amount." The DPUC news release said that the sale should result in savings of more than $500 million to Connecticut ratepayers.

"The department is pleased to be able to approve this sale because of the fine record of Dominion'soperations, a record sale price for nuclear plants and a financial win for the consumer," Downes said.

This morning, the Federal Energy Regulatory Commission also gave its approval to the sale.

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