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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

Williams Denies Using Strategies

LCG, May 22, 2002-Williams Cos. announced today that it did not participate in the trading strategies elaborated in the recently released Enron memos.

The Federal Energy Regulatory Commission ordered over a hundred energy traders to state whether or not they participated in twelve Enron-related trading strategies under threat of losing trading ability. On Tuesday, FERC ordered all electricity traders participating in the Western electricity market to state whether or not they participated in "round trip" trades, where electricity is sold to another party and bought back at the same price in to boost trading volume.

The natural gas pipeline operator Williams Cos., based in Tulsa, Oklahoma, said it prohibited its traders from selling power out of California for the purpose of reselling back into the state at elevated costs. Williams also asserted that only a very small percentage of trades were of the type listed in the memos.

Williams said that it will provide further information about trading in order to comply with FERC's second order, which carries a May 31 deadline.

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