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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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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Industry News

Northern California Natural Gas Prices to Drop

LCG, Dec. 28, 2001--Pacific Gas & Electric Co. predicted yesterday that natural gas prices in Northern California will be 72 percent lower next month than they were last January, dropping from $1.41 per therm a year ago to $0.39 per therm next month.

For the average residential customer of PG&E, the plunge in gas prices will mean a drop to $48.38 on the monthly gas bill, from $121.92 in January of this year.

"For the first time in many months, prices are beginning to stabilize and are more reflective of natural gas costs during the past five years," the company said in its news release.

Because almost all of the electricity generated in California is from natural gas-fueled power plants -- either older gas-fired boiler operations or newer gas turbines -- the price of power is also expected to decrease.

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