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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

Water Regulator Threatens WPD’s Hyder Takeover

LCG, Aug. 28, 2000--The takeover of Welsh multi-utility Hyder by the U.S. joint venture Western Power Distribution Ltd. faces a new challenge by the British government after water utility Severn Trent raised questions about a WPD plan to turn the management of Hyders water business over to United Utilities, the Sunday Times of London reported yesterday.

Philip Fletcher, who heads Ofwat, the water-industry regulator, has launched a probe into whether the plans breach license rules, the paper said. Ofwat requires water utilities to behave as independent firms, even if they are subsidiaries of a larger company.

Allegations have been made that Hyder subsidiary Welsh Water did not have a say in the arrangements with United utilities. An Ofwat spokesman told the Times "We are in discussions with WPD following its bid being accepted by Hyder," adding that the United Utilities deal was part of the talks.

Severn Trent, which maintains that the management deal for Welsh Water should have been put out for open bidding, learned last week that it would be able to challenge the arrangements in court on September 21. News of Ofwats probe will add weight to Severn Trent's battle with Hyder to overturn the United Utilities deal, the Times said.

Western Power Distribution, a joint venture between The Southern Co. and PPL Corp. of the U.S., won Hyder on August 17 after a four-month bidding war with the Japanese bank Nomura International.

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