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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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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Industry News

Senate Panel Finds FERC Lacking

LCG, November 12, 2002-A Senate panel has determined that the FERC neglected to act on information about Enron and has too few personnel attending to the regulation of industry.

In a report released today, the Senate Governmental Affairs Committee found that the Federal Energy Regulatory Commission should have noticed Enron's irregular behavior as long as five years ago. In the report, Senators pointed to wind farm transactions in 1997 where assets were transferred to secret Enron partnerships instead of companies separate from Enron as promised.

A higher rate on power is allowed to be charged for qualifying facilities such as wind generators; Enron's acquisition of three California wind projects mandated either Enron's sale of the wind assets or a non-special rate on those generators. Enron's secret ownership tacked on an additional and illegal $176 million in collections from the wind farms.

FERC had begun investigating the secret partnerships only last month.

According to the report, "On a number of occasions, FERC was provided with sufficient information to raise suspicions of improper activities -- or had itself identified potential problems -- in areas where it had regulatory responsibilities over Enron, but failed to understand the significance of the information of its implications."

The Senate Committee also noted that FERC had too few staff involved with market oversight and that too small of a percentage of FERC's employees are involved in preventing market abuse.

FERC has already countered that, with only 1,250 employees, 800 of which are involved in safety and licensing, 200 of the remaining 450 are working in oversight and enforcement. The Federal agency has also taken issue with the Senate Committee's criticism of FERC's investigation, saying more skilled investigators have been hired.

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