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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

FERC's "Show Cause" Order Followed by Moves to Speed Resolution

LCG, Sept. 5, 2003--Staff of the Federal Energy Regulatory Commission have recommended that over one-third of the companies to which the agency issued "show cause" orders concerning possible manipulative market behavior in California should either settle, or that charges should be dismissed.

The proposed settlements could represent $2 million of refunds to California. Gov. Gray Davis has claimed that the state was over-charged $9 billion. Under established FERC rules, should a company not be able to justify its market behavior, it would disgorge only as much profit as could be attributed to its own actions directly, but not profits due to higher prices resulting from the actions of others.

Bryan Lee, a spokesman for FERC, stated that "Settlements are in the best interest of the public because they avoid the cost of litigation before the commission and, potentially, before the courts." In addition to the recommended settlements, 17 cases are being recommended for dismissal, with 43 remaining to be heard by a FERC administrative law judge.
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