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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

SMUD Announces Budget Plans- No Rate Hike

LCG, November 13, 2002-Sacramento Municipal Utility District(SMUD) announced its budget plans will increase its debt but will not involve retail rate hikes.

SMUD plans to increase its debt in part to pay for new plants. $200 million will go to the construction of a new plant, while $13 million will be put towards wind farm expansion.

Currently SMUD has a debt of $1.8 billion and expects to end the year with a debt of $2.11 billion.

The municipality asserts that it is in very good financial condition and hopes to take in $36 million in excess revenues next year to put into a preexisting emergency fund.

Other issues in its budget include a problematic solar program, which will cost more than previously expected and is forcing the municipality to decide between increasing spending on the solar project or retaining a robust emergency fund. The solar project involves installing 800 kilowatts of solar to some 150 homes and 6 businesses, although SMUD had an initial goal of providing 2,400 KW of new solar power in 2003.

The budget is only in draft form as yet; board members will begin its review this week in Sacramento.

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