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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

Texas' Top PUC Official, Ex-Exec at Enron, Resigns

LCG, Jan. 18, 2002--Questions concerning the circumstances of Max Yzaguirre's appointment as chairman of the Texas Public Utilities Commission led to his resignation Thursday.

Yzaguirre was appointed to the PUC post by Texas Gov. Rick Perry in June. PUC spokesman Terry Hadley said that Yzaguirre had informed his staff that his resignation is effective as of Friday. The former executive at Enron had moved deregulation of Texas' electricity market forward, based upon the passage in 1999 of deregulation legislation.

Gov. Perry will be running for a full term as governor, having taken office when now-President Bush left for Washington. Criticism has risen over the donation of $25,000 to Perry's campaign by Enron chairman Ken Lay the day following Yzaguirre's appointment. The governor said that the timing of the two events was "totally coincidental."

In his original application to head the PUC, Yzaguirre noted his experience as head of Enron's Mexico operations. During Enron's increasing financial difficulties last year, he included other appointments with various other Enron affiliates in his record, which he said he had not remembered earlier.

Tony Sanchez, a Democratic gubernatorial candidate, said he was not sure that the investigation into the financial impact of Enron's collapse upon Texas would not be affected by Enron executives' contributions of $220,000 to Perry's campaigns dating to 1994.

Spokeswoman for the governor, Kathy Walt, said "the governor maintains that Max Yzaguirre is qualified and was qualified at the time of his appointment to serve on the commmision," and that "he has been a fair and balanced voice.&quopt;
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