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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

Texas Utilities Prepare to Sell Some Generation

LCG, July 10, 2001TXU Corp. and other electric utilities in Texas are preparing to auction generation representing at least 15 percent of their capacity in preparation for the state opening its retail power market to competition next January 1.

TXU said it will auction off 3,175 megawatts of generation by September 1, the date required by the Texas deregulation law. Potential bidders can register their interest through July 24, and the auctions will be held over the Internet during the last week in August.

The purpose of the sales is to prevent any of the state's utilities from having too much market power and to provide companies interested in becoming alternative electricity suppliers with generating capacity. The capacity will be auctioned in 25 megawatt blocks for up to two years.

"The law says we as a large generator must auction off or sell to retail electric providers about 15percent of our capacity," said TXU spokesman Rand LaVonn. "So if somebody wants to start, they can get power to resell."

American Electric Power Co., which acquired three Texas utilities with its takeover of Central and South West Corp., said it will sell off a total of 1,100 megawatts of capacity belonging to Central Power & Light Co., Southwest Electric Power Co. and West Texas Utilities Co.

Under the deregulation law, the companies can't auction the capacity to a subsidiary and the buyers can't enter into contracts to resell the power back to the utilities.

The utilities will continue to auction at least 15 percent of their capacity through the year 2007, or until alternative energy providers control at least 40 percent of their residential and small business retail power markets.

Reliant Energy Inc., which is also subject to the auction requirement, has not yet revealed its intentions.

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