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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

PSEG Power Acquires Natural Gas-Fired Power Project in Maryland

LCG, June 18, 2015-PSEG Power announced today that, through its wholly-owned subsidiary PSEG Fossil, it has acquired the 755-MW Keys Energy Center project from Genesis Power, LLC and an energy-focused private equity fund managed by Ares EIF Management, LLC. The natural gas-fired, combined-cycle project, located in Prince George's County, Maryland, represents an investment of $825 - $875 million.

Construction on the project is scheduled to begin this year, with the plant operational and supplying capacity and energy in 2018. PSEG Fossil will oversee construction, operate and maintain the combined-cycle facility, which will incorporate two gas-fired turbines and one steam turbine. The project is located near Brandywine, Maryland.

The Keys Energy Center will connect to the Potomac Electric Power Company (PEPCO)/PJM 500 kV transmission line that is adjacent to the property. No new transmission lines are necessary, and a major interstate natural gas pipeline is nearby to deliver fuel to the power plant.

PSEG Power's president and COO stated, "The new plant offers a strong operational and financial fit for PSEG Power's balanced generation portfolio and will expand our footprint in our core PJM market. This is an opportunity to add to the reliability of the energy grid, provide clean energy to Maryland and create new jobs and economic activity locally and within the region."
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