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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

ERCOT Ready for Texas Dereg on New Year's Day

LCG, Dec. 7, 2001--With the Public Utilities Commission of Texas set to give the final green light for retail electric competition in the Lone Star State, the state's independent system operator says it is ready for the January 1 opening of the electric market.

The Electric Reliability Council of Texas, one of ten regional councils of the north American Electric Reliability Council, is the ISO for the state, and will manage its transmission system under deregulation.

"Fundamentally, I think it (is) clear to everyone that the system is ready to go forward," Tom Noel, ERCOT chief executive, said. "Unless we have a major hiccup, we expect to be in full retail choice operations on January 1, 2002."

Final go-ahead for the program could come today at the PUCT's Friday meeting, or early next week. At today's meeting, the commission is expected to set a base price for Texas' local utilities to charge customers.

Local utilities would not be allowed to sell power below the base price, which would be the price that alternative suppliers would have to beat to induce customers to switch. The base price will remain in effect for three years or until a utility loses 40 percent of its customers to competition.

"This is intended to set a bright line against which new competitors can compete," Noel said.

Noel expects none of the problems that afflicted California's attempt to deregulate its electric industry. "We've been working hard on this for seven years. California worked on it only two. And we've had a retail pilot program in place for the past seven months, which gave us a chance to work out the bugs," he said.

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