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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

EU Commission Would Increase Nuclear Insurance Premia

LCG, July 11, 2003--Nuclear operators would be required to increase their insurance coverage for nuclear accidents or environmental damage under rules introduced by the European Union Commission.

The changes were put forth to bring the EU into compliance with treaties concerning civilian use of nuclear technology, namely the Paris Convention on Third Party Liability and the follow-up Brussels Convention, both of which were first drafted in the 1960's, but which were updated in response to the 1986 Chernobyl nuclear accident, in which a large radioactive release occurred in the Ukraine.

EU countries would have the ability to change their liability laws, in the direction of requiring larger payments by nuclear operators to compensate victims, and to pay for environmental harm. The Paris Convention sets the limit for such compensation payments. Under the newly released plan, governments would also be required to pay more for insurance covering the effects of a nuclear incident.

The European nuclear industry, as far as the trade group FORATOM was concerned, is behind the changes, as the new rules do not surpass the treaty provisions. The treaties were updated by the Nuclear Energy Agency, of the Organization for Economic Co-operation and Development.
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