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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

Midwest ISO and Southwest Power Pool File Tariff with FERC

LCG, November 5, 2002Midwest Independent System Operator and the Southwest Power Pool (SSP) plan to instate a combined tariff in order to do away with rate pancaking in electricity transactions between service territories.

Midwest ISO, a Federal Energy Regulatory Commission-approved Regional Transmission Operator, and SPP have decided to adopt the combined tariff in order that wholesale energy customers such as utilities will benefit and that the energy markets in the region will be stabilized.
Midwest ISO and SPP assert that the combined tariff will preserve the zonal rate structure, long-term firm SPP service agreements, and states' rates currently on file under the SPP tariff, in addition to eliminating rate pancaking on transactions between the two organizations customers.

The combined tariff currently awaits approval by the FERC.

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