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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

Slovakia Takes First Steps in Power Privatization

LCG, April 30, 2001The government of Slovakia took its first steps toward privatization of its electric industry today, taking out ads seeking advisers to manage the sale of the country's three electricity distribution companies.

The three firms are government-owned monopolies within the three Slovakian administrative regions: Zapadoslovensky, Stredoslovensky and Vychodoslovensky. The government plans to sell 49 percent each of the three firms by the end of this year.

Next year, Slovakia hopes to sell a 49 percent interest in its dominant electric generation monopoly, Slovensky Elektrame.

Slovakia, which is pushing for membership in the European Union, has dragged its feet in the liberalization of its power sector, seen as a condition of acceptance by the EU. Because of its late start, the privatization program is well behind schedule and observers doubt that stakes in the distribution companies can be sold this year or that the much more complex partial sale of Slovensky Elektrame can be completed next year.

Though the current government has lent its support to liberalization, it has yet to consider legislation to govern a semi-private electricity sector. There is, for example, no provision for regulation.

When the distribution companies are sold, Vychodoslovensky energeticke zavody is likely to go first because it is a pure power company with no municipal heating subsidiaries that would need to be split off beforehand. Zapadoslovensky energeticke zavody will likely draw the greatest interest because it serves the most industrialized portion of Slovakia, including the capital city of Bratislava near the Austrian border.

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