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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

Slovakia Takes First Steps in Power Privatization

LCG, April 30, 2001The government of Slovakia took its first steps toward privatization of its electric industry today, taking out ads seeking advisers to manage the sale of the country's three electricity distribution companies.

The three firms are government-owned monopolies within the three Slovakian administrative regions: Zapadoslovensky, Stredoslovensky and Vychodoslovensky. The government plans to sell 49 percent each of the three firms by the end of this year.

Next year, Slovakia hopes to sell a 49 percent interest in its dominant electric generation monopoly, Slovensky Elektrame.

Slovakia, which is pushing for membership in the European Union, has dragged its feet in the liberalization of its power sector, seen as a condition of acceptance by the EU. Because of its late start, the privatization program is well behind schedule and observers doubt that stakes in the distribution companies can be sold this year or that the much more complex partial sale of Slovensky Elektrame can be completed next year.

Though the current government has lent its support to liberalization, it has yet to consider legislation to govern a semi-private electricity sector. There is, for example, no provision for regulation.

When the distribution companies are sold, Vychodoslovensky energeticke zavody is likely to go first because it is a pure power company with no municipal heating subsidiaries that would need to be split off beforehand. Zapadoslovensky energeticke zavody will likely draw the greatest interest because it serves the most industrialized portion of Slovakia, including the capital city of Bratislava near the Austrian border.

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