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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

China to Officially Dismantle National Energy December 29

LCG, December 18, 2002-Chinese officials will conduct a ceremony on December 29 to mark the decentralization of China's electricity assets.

In April, Chinese Officials announced that the State Power Corporation, which controls over half of Chinese electricity generation and all of the transmission, would be split into several smaller companies. Now China has set an official date to the breakup.

The state transmission assets will be under the control of two companies. The southern transmission company will be responsible for Guizhou, Hainan, Guangdong, Guangxi, and Yunnan provinces, while the northern transmission company will be responsible for all other provinces.

All of the generation assets will be split between five new companies. Each of those companies will have a unit made up of one of the following already existing companies: Beijing Datang Power Generation Company, Shandong International Power Development, SP Power Development, China Power Holdings, and Huaneng Power International. These companies will serve as fundraising units.

December 29 will also mark the creation of a new government body, the State Electricity Regulatory Commission.

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