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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

PSEG India Plant Begins Producing Power

LCG, June 12, 2001--Tanir Bavi Power Co., a joint venture between the PSEG Global unit of U.S. utility holding company Public Service Enterprise Group and the GMR Vasavi Group of India, announced yesterday that it had begun simple cycle operation of 170 megawatts of its planned 220 megawatt combined-cycle plant located on a barge south of Mangalore in the state of Karnataka, India.

A joint venture of PSEG Global and GMR Vasavi Group will operate the plant, which is expected to begin combined cycle operation in July.

The barge was assembled by Hyundai in Korea and then shipped to the Mangalore Coast. Tanir Bavi Power Co. has a power purchase agreement with the Karnataka State Electricity Board andescrow support from the Karnataka Power Transmission Corporation Ltd.

If PSEG runs into problems with the Karnataka State Electricity Board, similar to those which beset Enron Corp.'s Dabhol Power Co. with the Maharashtra State Electricity Board, the barge may make it possible to tow the whole operation to a more investor-friendly venue.

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