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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

FERC Finds Much Room for Demand Response

LCG, July 9, 2003--Despite high natural gas prices and resulting increased power prices, staff of the Federal Energy Regulatory Commission have found little evidence of coordinated reduction in demand aimed at heading off price spikes.

Those regions of the country that have experienced the most severe power price increases include Florida, Texas and the West Coast, according to FERC's Office of Market Oversight and Investigations. It stated that FERC has tried to bring rules into effect that would increase the potential benefits of demand response. The areas of the country where demand response has received the most attention are New York, Connecticut, California and Florida.

The Office of Market Oversight and Invesigations' Summer Energy Market Assessment included remarks in the outline that "Demand response, an effective tool for dampening price spikes, is missing from electricity markets."
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