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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

Mexico Cuts Energy Funding by 25 Percent

LCG, October 8, 2002-The budget approved by Mexico's Congress allows for $1.5 billion less that what iss necessary for maintenance, operation, transmission, and distribution of electricity.

Mexico's Federal Electricity Commission, or CFE, along with representatives from state power distributor Luz y Fuerza de Centro (LFC), requested that legislators reinstate the state company's funding.

The Congress gave $8.5 billion to energy, although $10 billion was requested, and officials insist that fuel alone will cost $5 billion.

Energy officials insist that 20 percent less revenue than expected, or $400 million, was received from ratepayers because of electricity theft and lowered demand.

Mexico owns about 40,000 megawatts of capacity and expects a yearly growth in electricity demand of 5.6 percent.

Other issues currently being discussed between legislators and Mexican energy officials include nuclear plant safety, pollution from aging plants, hydroelectric dam-induced flooding, and a joint Mexico-Guatemala hydroelectric plant project.

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