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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

India's Tata in Talks to Buy Enron's Dabhol Power

LCG, Oct. 15, 2001--India's Tata conglomerate has held "exploratory" talks to take over from Enron Corp. its 65 percent stake in the $2.9 billion, 2,184 megawatt Dabhol power plant in the Indian state of Maharashtra, the Financial Times reported yesterday.

Enron, weary of the difficulty in getting paid for power produced by Dabhol and by constant bickering with the Maharashtra State Electricity Board, its only customer, over terms of a contract signed in the mid-1990s, said in July that it wanted out of India and would accept about $1 billion for its interest in Dabhol.

Tate Power has notified the Indian government expressing interest in Dabhol, which it said would require the removal of significant roadblocks. Among these would be a renegotiation of Dabhol's tariffs and a reduction in the interest rates on Dabhol's debt.

Tata Power is talking about paying Enron about 80 cents on the dollar for its investment in Dabhol, a figure that may not be palatable to the Texas-based company.

Spokesman John Ambler said Enron continued to believe the best and quickest way to solve the problem would be for the Indian government, or one of its Indian financial backers, to take on Dabhol.

The Dabhol Power project is India's largest foreign investment, even though Indian lenders provided $1.4 billion in financing for the plant. About $630 million was provided by foreign institutions.

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