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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

Retail Electric Competition Comes to Texas

LCG, Jan 2, 2002--Retail electric competition came to Texas yesterday and it appears that not only are there sufficient alternative power providers to assure a competitive market, the "prices to beat" set by regulators leave them a little room to earn a profit.

In recent weeks, the Public Utility Commission of Texas set "competitive prices" for the state's investor-owned utilities. In the Dallas-Fort Worth area served by TXU Corp.'s Texas Utilities Co., the company's rate was lowered from 9.67 cents per kilowatt-hour to 8.25 cents.

Under deregulation, existing utilities, such as TXU, will continue to have prices in their home territories fixed by the state until 40 percent of its customer base has switched. That may not happen soon, even with competitive prices from new power suppliers.

In Pennsylvania, which deregulated its electricity market two years ago, only about 5 percent of homeowners have switched providers. "We've learned that residential customers are concerned first and foremost with reliability of service and that price is important but not the only consideration," TXU spokesman Chris Schein said.

But some of the prices offered by the alternative suppliers are plenty attractive, though most require a one-year contract.

According to the Fort Worth Star Telegram, customers who want to sign a one-year contract with New Power Holdings can get a rate as low as 7 cents per kilowatt-hour. First Choice Power, the former Texas-New Mexico Power Co. of Fort Worth, is offering a one-year rate of 7.4 cents per kilowatt-hour. Reliant Energy of Houston, whose rates are frozen in its service territory, is offering a monthly rate of 7.3 cents per kilowatt-hour. For those interested in all-renewable energy from Texas solar arrays and wind farms, Green Mountain Energy is offering a rate of 8.2 cents per kilowatt-hour.

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