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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

California ISO – Back to Stage 2

LCG, Jan. 10, 2001While everybody who is anybody in the California electric power business was in Washington yesterday, it was business as usual with the California Independent System Operator, and that could have told the folks meeting at the Treasury Department what's wrong in the Golden State.

Once again, there wasn't enough electricity to go around. Cal-ISO put a Stage 2 electric emergency into effect from 5:00 p.m. to 10:00 p.m., and the state's investor-owned utilities began curtailing power deliveries to customers with interruptible service contracts.

A business can save real money by buying power under an interruptible contract that allows its utility to shut off its electricity when things get tight, but ordinarily that would happen only once or twice a year. Since last May, it has happened about 30 times, and many businesses say they won't sign the contracts this year.

Yesterday was going to be tough to begin with, as some 10,000 megawatts of California power plants were shut down due to planned and forced outages and a limited amount of imported power was available from the Northwest. When a major plant in Southern California went off line in the afternoon, Cal-ISO called the Stage 2 and directed utilities to shed 1,200 megawatts of load.

According to the ISO, demand across the California control area was expected to peak at 32,322 megawatts at around 6:00 p.m.

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