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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

State Senate Passes Bill Capping San Diego Rates

LCG, Aug. 30, 2000The California State Senate yesterday passed a bill that would put a limit on what San Diego Gas & Electric Co. residential and small commercial customers could be charged for electricity.

The measure could reach the Assembly as early as today, but there is a question whether sufficient support for passage in the lower chamber. There is little time for lobbying, as the California Legislature will adjourn tomorrow.
The Senate legislation, caps the generation portion of the electric bill at 6.5 cents per kilowatt-hour. That would make the total bill for the typical householder somewhere around $68. In the past three months, SDG&E's residential customers have seen their total electric bills go from about $55 to around $110.

The soaring bills are the result of deregulation of the state's electric industry but affect only SDG&E customers because their utility has paid off its stranded costs and no longer falls under the rate freeze imposed on all three of the state's investor-owned utilities with the enactment of the California electric restructuring law.

The bill passed yesterday also requires an investigation into the way SDG&E purchases power on behalf of its customers. There is not much to investigate. The state restructuring law mandates that all three utilities purchase all of their power through the state-run California Power Exchange.

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