EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Reliant to Acquire Orion Power in $2.9 Deal

LCG, Sept. 27, 2001--Reliant Resources Inc. and Orion Power Holdings Inc. announced jointly this morning that they have agreed for Orion to be acquired by the Reliant Energy Inc. spinoff in a transaction valued at about $2.9 billion.

The companies said Reliant Resources will also assume around $1.8 billion of Orion Power's net debt and that they anticipate that the transaction will be completed early next year.

Houston-based Reliant said it would pay $26.80 per share in cash for Orion, a price that represents a premium of about 40 percent based on recent trading levels for Orion.

Reliant said the deal would bolster its position as a leading provider of wholesale power, gas, and energy services, combining Reliant Resources' 14,100 megawatts of domestic capacity in operation or under construction with Orion Power's 6,500 megawatts.

The acquisition is structured as a cash merger and is conditioned upon approval by Orion Power's shareholders and regulatory approvals. Shareholders owning a majority of Orion Power's outstanding stock, including Goldman, Sachs & Co. and its affiliates, Constellation Energy Group, Inc., Mitsubishi Corp. and Tokyo Electric Power Co. International, have agreed to vote their shares in favor of the transaction.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service