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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

Settlement Reached on Montana Power Power Sale

LCG, Dec. 31, 2001--Montana Power Co. said Friday that it has reached a settlement on issues related to the sale of Montana Power Co.'s electric utility to Northwestern Corp., as well as electric restructuring costs in addition to other matters that will allow the company to become a telecommunications firm.

Among the issues settled between Montana Power, Northwestern, the Montana Consumer Counsel that represents residential and small commercial customers, and the Montana Large Customer Group, was a stipulation for Montana Power and Northwestern to establish a $30 million account that will be used to provide a credit for MPC electric distribution customers.

The subsidy, to be provided for one year beginning July 1, will protect retail customers from the full effect of a 20 percent rate increase, limiting the boost to about 12.8 percent.

"This is a major step in completing the transition of Montana Power from a diversified energy utility into a broadband telecommunications company under Touch America," said Bob Gannon, chief executive officer. "We have received all the necessary approvals except that of the (Montana Public Service Commission), and we expect this settlement will facilitate this last approval."

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