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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

Dynegy Gets Enron's Northern Natural Gas Pipeline

LCG, Jan. 4, 2002--Dynegy Inc. said in a news release issued late last night that Enron Corp. has agreed to turn over the Northern Natural Gas and will provide transition services until June 30.

Enron will have until June 30 the option to repurchase the pipeline from Dynegy.

Chuck Watson, Dynegy's chairman and chief executive, said "We acquired the pipeline under the terms originally agreed upon by the two companies, with the exception of the date extension."

In November, when Enron was in its free-fall, Dynegy made an offer to purchase the dying giant for $8.4 billion. As pat of the deal, Dynegy paid Enron $1.5 billion for preferred stock convertible into ownership of the pipeline.

Dynegy said in its statement that the settlement over the pipeline doesn't affect the larger lawsuits, each company against the other, over the failed merger.

Northern Natural Gas is a 16,500-mile pipeline system running between Texas and the Midwest, providing transportation and storage services for its customers as well as transportation between other interstate and intrastate pipelines in the Permian, Anadarko, Hugoton and Midwest areas.

" This action ensures continuity of quality service to the customers of Northern Natural Gas and stability for the outstanding employees who have run the pipeline carefully and safely over many years," said Stan Horton, chief executive of Enron Transportation Services Co.

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