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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

New England ISO Incentive Payment Plan Has Opposition

LCG, Mar. 23, 2004--A system developed by the ISO New England for directing incentive payments to generators providing reliability is facing opposition from a group of utilities, businesses and government entities.

Under the ISO plan, reliability standards would be enforced within sub-regions. According to NSTAR, an area utility with an alternative plan, incentive payments could be lower by $1.4 billion for New England power purchasers if the incentive payments were overseen from a regional perspective instead. "While the ISO New England proposal stands to benefit generators at the expense of customers, we believe the coalition proposalwould accomplish the goal of using region-wide resources to ensure reliability at a lower cost." The plan supported by NSTAR would include a rule that power producers with plans to retire a unit would have to give advance notice.

Others signalling opposition to the New England system for reliability incentives include the attorneys general for Massachusetts and Rhode Island, the Massachusetts Division of Energy Resources, the New Hampshire Office of the Consumer Advocate, the Rhode Islands Division of Public Utilities and Carriers, Associated Industries of Massachusetts, National Grid, Vermont Electric, and Strategic Energy LLC.
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