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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

Cinergy Unit to Seek Cincinnati Gas Rate Hike

LCG, June 28, 2001Cinergy Corp. said this morning that its Cincinnati Gas & Electric Co. subsidiary plans to ask Ohio regulators for authorization to raise base rates for natural gas by about $26 million a year, an average 5.7 percent increase in customer bills.

Joe Hale, president of CG&E said "We have been able to keep this request well below the cost of living index which has increased nearly 15 percent since CG&E's last gas base rate increase five years ago."

Cinergy said the proposed increase in base rates recovers the company's costs to operate and maintain its gas distribution system. Hale pointed out "Since our last base rate increase in 1996, we have continued to make reliable and safe gas service our priority by investing $146 million in our gas distribution facilities."

If the proposed rates are approved by the Public Utilities Commission of Ohio, a typical residential customer of CG&E would see an increase of $4.90, or 6.1 percent, making his monthly bill $85.40 instead of the current $80.50. Rates for non-residential firm transportation customers would increase about 2.3 percent, while non-residential interruptible rates would increase about 4.6 percent.

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