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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

PG&E is Running Out of (Natural) Gas

LCG, Feb. 7, 2001Pacific Gas & Electric Co. warned yesterday that its already tight natural gas supplies would be further cut by 10 percent today after expiration of an emergency federal order for gas suppliers to sell the commodity to the cash-strapped utility.

J. Aron & Co., the commodities division of Goldman Sachs, is PG&E's larges natural gas supplier, accounting for about 9 percent of the company's needs. Western Gas Resources of Denver supplies almost another 1 percent. Both companies said they would cease filling orders from PG&E unless they were paid in advance.

A PG&E spokesman said yesterday afternoon "We've received confirmation from two of our suppliers, one our single largest supplier, that they will stop delivery at midnight tonight." He said that five gas suppliers have confirmed that they will continue sales to the utility and another 20 or more suppliers have not yet given an indication.

PG&E will have to dip into its reserves, the spokesman said, but pointed out that the company has only about a week's supply of natural gas in storage. The utility serves some 3.8 million gas customers in Northern California.

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