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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

Texans Could Get a Summer Electric Bill Rebate

LCG, May 10, 2001The Texas House of Representatives tentatively approved legislation that would give electric utility customers a refund late this summer, despite protests from utilities that "It's premature to be tinkering" with the state's 1999 electric deregulation law.

Customers of Reliant Energy Inc. in the Houston area would see refunds of up to $120 and those of TXU Utilities Co. would get about $54 if the House gives final approval to the measure, it passes in the Senate and is signed into law.

Those are a lot of "ifs" and the utilities say they will fight the measure every step of the way.

When the deregulation law was passed, investor-owned utilities were allowed to accumulate certain "excess" earnings as a hedge against anticipated losses resulting from changes in the industry. The overcharges were to be reconciled with actual losses in 2004.

The losses have not materialized "as yet," say the utilities and some politicians look on the accumulated money as a way to buy votes. "Don't let the message go out that we have a chance to lower their bills and we voted 'No,'" said the bill's sponsor, Rep. Sylvester Turner, a Houston Democrat.

The utilities say coughing up the money could produce financial instability and that could lead to problems like those in California.

But Texas-size problems appear to be a lot smaller than California-size problems. Turner's measure would cost TXU about $212 million, Reliant around $146 million and Central Power & Light Co. a measly $8 million.

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