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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

Dominion Reviving Maryland-based LNG Terminal

LCG, July 22, 2003--The Cove Point liquid natural gas terminal in Maryland is being brought back into operation by Dominion Resources Inc., which is also considering expanding LNG operations to serve the "interstate pipeline grid," the company announced.

The terminal was shut in 1980, when LNG prices were prohibitively low. Dominion purchased the Cove Point facility from williams Cos. for $217 million last year, and has also spent $180 million to resuscitate it. Long-term agreements with BP Plc, Royal Dutch/Shell Group and Statoil ASA of Norway, which ship LNG, have been signed.

Cove Point is equipped with berths to convert frozen natural gas, stored 270 degrees Fahrenheit below zero, back into gaseous form from two tanker ships simultaneously. The LNG expands in volume by 600 times. The facility can release 1 billion cubic feet of gas daily, and can keep what amounts to 5 billion cubic feet of gas on-site. Plans are under consideration to add another tank, which would be able to hold LNG equivalent to 2.5 billion cubic feet of gas.
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