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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

Residential Rate Freeze for Illinois Could Be Extended

LCG, Apr. 12, 2002--A freeze on Illinois residential electric rates now scheduled to expire in 2004 could be extended to 2006, under an amendment to an energy bill now circulating in the Illinois House.

Rep. Phil Novak (D-Bradley) proposed the amendment in order for utilities and consumers to create a business environment that is better able to offer consumer choice. So far, no new companies have registered to supply residents, although any that do will be able to supply residents next month.

Novak said, "we're four years and four months into this new law, and not much of a market has developed in order to provide our residential customers some safety and security and protect them from any volatile price hikes." He said the freeze would allow lawmakers room to "remove impediments to a wholesale market."

A ComEd spokesman, Jon Hatfield, said, "the issue for us is, will we be able to make the numbers work so we can manage that risk." ComEd and Illinois Power would assume all risk of rising wholesale prices if a rate freeze were to be extended under the amendment.
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