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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

Rule Changes Made in Florida Plant Bidding

LCG, Jan. 6, 2003--Florida Power & Light, the regulated utility unit of FPL Group Inc., reacted negatively last Friday to modest changes to the bidding rules that govern how builders of new base-loaded power plants are selected in Florida.

A group of independent power producers which has complained that the winning bids have always been one of the state's major utilities was pleased with the moves by the Florida Public Service Commission. The requirement that bidding take place was instated in 1994.

Members of the Partnership for Affordable Competitive Energy (PACE) had been aiming at having an "independent evaluator" monitor bidding, to ensure fairness. Instead, the Commission allowed that the utilities (the other utility, Florida Power, was just re-branded under parent Progress Energy) would have to reconsider others' bids any time their own bid's cost structure was changed. PACE members, among which are Calpine, Mirant, and PG&E Corp., felt that this would make the process more open.

FPL spokesman Mike Swank contended that "The changes have the potential for substantially lengthening the bid rule process." Swank said that the utility would attempt to have the new rules undone.
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