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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

Plug Power Expands Deals with GE, DTE

LCG, Aug. 30, 2001--Plug Power Inc. announced today that it has finalized new agreements with GE Fuel Cell Systems, GE MicroGen Inc., GE Power Systems Equities and DTE Energy Technologies in line with deals worked out earlier this year.

Under the new agreement, GE Fuel Cell Systems' exclusive, worldwide distribution rights are expanded to include the full range of Plug Power's stationary proton exchange membrane fuel cell systems where the previous agreement excluded fuel cell systems greater than 35 kilowatts and systems designed for uninterruptible power supply applications.

That agreement isn't quite worldwide, in that it excludes a four-state territory served by DTE.

As part of the GE deal, Plug Power has increased its ownership in GE Fuel Cell Systems to 40 percent from its previous 25 percent and, in return, will grant GE Power Systems Equities options to purchase 725,000 shares of Plug Power common stock.

Plug Power said it also completed a separate agreement with DTE Energy Technologies expanding their exclusive distribution rights within the states of Michigan, Illinois, Ohio and Indiana. Under the agreement, DTE will market and distribute all sizes of Plug Power's stationary fuel cell systems for use in any power application, except for propulsion.

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