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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

Enron Can Sell Portland General Electric Co.

LCG, Feb. 13, 2002--The sale of Portland General Electric Co., the Oregon utility, by Enron Corp. was allowed by the Federal Energy Regulatory commission on Wednesday.

Enron bought PGE in 1998, and had agreed on a sale to Northwest Natural Gas in October. The former energy giant had purchased Oregon's largest utility for $2.1 billion in 1998. Northwest Natural Gas is the state's largest natural gas utility, and serves 530,000 customers in Oregon and Washington.

In order for the deal to be finalized, it will have to also be approved by the Securities and Exchange Commission. Most significantly, the sale would raise cash for Enron's creditors.
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