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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

CA Senate Committee Votes to Up Fines For False Gas Price Reporting

LCG, April 10, 2003The Energy Committee of the California Senate voted to increase false gas price reporting penalties by ten times.

Senator Joseph Dunn of Santa Ana brought forth the bill, Senate Bill 137, which sets the maximum penalty for using false data to make natural gas price indices at $25,000, up from the previous fine of $2,500. The bill also allows state regulators more authority to oversee indices.

The bill passed the committee vote 7 to 2 and now will face a second vote with the California Senate Judiciary Committee.

Several companies have reported that their employees had provided trumped up gas prices to industry periodicals last year, leading to unrealistic gas price indices. Dunns bill aims to give the California Public Utilities Commission greater ability to prevent inaccurate indices and allows the commission to set its own prices if no reliable prices are found.

According to the bill, purchase and sale reports comprising a published index will be time-stamped to the minute and will be required to include price, volume, delivery point, duration, date and time of transaction, and counterparty.

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