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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

Progress Buys Two Georgia Projects from LG&E

LCG, Nov. 6, 2001--A subsidiary of Progress Energy inc. said yesterday it has agreed to purchase from LG&E Energy Corp. two power plants in Georgia with a combined capacity of 1,182 megawatts.

Progress Ventures Inc. said it would pay $345 million for the two plants, the Monroe project in Monroe, Ga. which is a 496 megawatt natural gas-fired plant placed in service in June and the Tiger Creek project in Washington County, Ga., a planned 686 megawatt natural gas-fired plant expected to be operational by June 2003.

"This is an outstanding opportunity for Progress Ventures to execute on our generation expansion strategy in the Southeast," said Tom Kilgore, president, Progress Ventures. "Our existing generation adjacent to this Monroe facility and our expansion plans under way in Effingham County, Georgia provide synergy opportunities and give us a greater ability to create value from these plants."

The transaction includes a power-purchase agreement with LG&E Marketing for both projects through Dec. 31, 2004. In addition, there is a project-management-completion agreement with LG&E to facilitate buildout of the Tiger Creek project.

The deal is subject to approval by the Federal Energy Regulatory Commission and other regulatory agencies. The companies expect the transaction to be completed by early next year.

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