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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

NRG Calls for More Extensive PJM Reserves Market

LCG, Oct. 14, 2002--A power marketer and supplier in the mid-Atlantic wholesale market, NRG Power Marketing, thinks that the PJM (Pennsylvania-Jersey-Maryland) Interconnection, the grid operator should adjust its spinning reserves market to reflect protocols in place in neighboring Northeastern market systems.

Changes have already been proposed by PJM to the Federal Energy Regulatory Commission this past August. While NRG finds the changes outlined represent an improvement, it would hope to see markets be expanded to include a day-ahead market, as well as both 10-minute non-spinning and 30-minute operating reserves. The power marketer said on Friday that modifications to reflect the New York ISO and ISO New England's markets could improve the PJM's ability to maintain 15 percent spinning reserves at all times. Such reserves are maintained to respond quickly to divergences between supply and demand.

In 2001, NRG claims, there were 66 instances in which spinning reserves were called to align supply with demand, lasting 11 minutes on average. The current PJM proposal concerning spinning reserves is under docket ER02-2519 with FERC.
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