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Public Service Company of Oklahoma Completes Acquisition of Green Country Power Plant

LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.

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Alliant Energy Submits Plans to Iowa Utilities Commission for the Addition of 1,000 MW of Wind Capacity

LCG, July 2, 2025--Alliant Energy today announced plans to add up to 1,000 MW of wind energy generating capacity in Iowa to meet demand and ensure reliable, affordable energy for its customers. The plans are included in a filing with the Iowa Utilities Commission (IUC), and the company anticipates a decision from the IUC in the first quarter of 2026.

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Industry News

New York Mayor Wants Power Price Controls

LCG, March 29, 2001--New York Mayor Rudolph W. Giuliani yesterday said yesterday that wholesale price controls on electric power are needed if his city and the state are to avoid a repeat of last year's price spikes, or worse.

Speaking to Wall Street, real estate and public utility officials gathered at historic 23 Wall Street, the former headquarters of J. P. Morgan & Co., Giuliani said that with power supplies limited in New York City and rapidly increasing demand for electricity, it is too early to turn the sector loose to market forces.

"The double-digit price increases that New Yorkers had to pay last summer are just unacceptable," Giuliani said. "Deregulation should not be abandoned, it should be completed," he continued. "The problem is, unfortunately, when it was done we didn't think through all of the impacts it would have, how quickly it would have an effect on us, and it needs some adjustment right now."

Giuliani noted the efforts to place a fleet of small generators in New York neighborhoods to provide power this summer. He urged the state to accelerate environmental and regulatory reviews for the plants, and asked civic leaders and judges not to try to block these projects and also urged more power conservation.

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