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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

New England and New York ISO's Want Common RTO

LCG, Jan. 29, 2002--The two independent system operators serving the power markets of the northeastern states will begin to consider the design of a single regional transmission organization (RTO) that encompasses both of their adjacent territories, they announced today.

According to an agreement announced by ISO New England Inc. (ISO-NE) and the New York Independent System Operator (NYISO), a unified Northeast Regional Transmission Organization (NERTO) can support reliability and more extensive market competition. The process of developing the RTO could help to satisfy the Federal Energy Regulatory Commission's order that transmission organizations submit plans for RTO design and implementation.

The president and CEO of ISO-NE, Gordon van Welie, said "we both have strong, existing infrastructure, complementary sources of generation, similarly advanced stages of restructuring and generation divestiture, and a greater level of competition than other regions. We have been working closely together on standardizing the market for almost a year, and this agreement represents another significant step forward."

The not-for-profit corporations will seek input from market participants and state regulators. Among the issues to be discussed will be transmission bottlenecks around Greater Boston, New York City, and southwestern Connecticut. The market to be created will continue to have strong ties to the Canadian market to the north. NYISO's president and CEO William J. Museler said, "we see a lot of synergies between the two ISO's and Canada."

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