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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

Rhode Island Legislature Passes Revisions to Increase RPS Goals to 40 Percent

LCG, June 28, 2016--The Rhode Island legislature last week passed legislation to increase the state's renewable energy target from 14.5 percent by 2019 to 40 percent by 2035. The legislation is expected to be signed into law by Governor Gina Raimondo.

The legislation proposes to revise Rhode Island's original renewable portfolio standard (RPS) approved in June 2004. The original RPS targeted 3 percent renewable energy by 2007; it would then rise an additional 0.5 percent through 2010, an additional 1.0 percent through 2014, and an additional 1.5 percent of renewable energy each year through 2019, when it would reach 16 percent. However, in December 2014, the PUC decided to delay the 1.5 percent increase for 2015 by one year, thus reducing the 2019 goal from 16 percent to 14.5 percent.

A House amendment attached to the new legislation gives the PUC more flexibility to delay a planned increase in the RPS in the event of an inadequate supply of renewable energy credits.

Last month, Maryland Governor Larry Hogan vetoed legislation that would increase the state's RPS from 20% to 25% by 2020. According to the Governor, Maryland consumers in 2014 paid over $104 million for renewable energy credits, and the higher standard would increase the burden on ratepayers. The tax increases were estimated to be up to $196 million in 2020 under the proposed legislation.
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