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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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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Industry News

Meeting Today Between FERC and CAISO

LCG, Dec. 9, 2002--After agreeing to allow California's Independent System Operator to implement a day-ahead market over a year later than a previous deadline, the Federal Energy Regulatory Commission will meet with the state grid operator in Washington today to discuss market changes.

The FERC had told California officials that a day-ahead market was to be in place by Jan. 31, 2003, but has now ordered that monthly progress reports be submitted on the state's market design, with changes to be fully in place by June 2004. A day-ahead market must be operational by February 2004, the agency has said.

"We are going to tell FERC that this is the timing that allows us to move forward and put in place the best practices. We don't just want to get it done, but to get it done right, " said Gregg Fishman, the ISO spokesman. One concern that the FERC stressed in its order was the need for California to take into account and work with market authorities in the Pacific Northwest and Southwest.

Changes that are foreseen include locational pricing rather than a single statewide market-clearing price, in order to send clearer market signals to participants, and changes to the ISO's ability to impose penalties. Since Oct. 30th, a revised, higher price cap has been in place with no significant problems. In addition, a mechanism to identify and counteract bids thought to be manipulative is active.
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