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AEP Will Proceed with North Central Wind Projects Despite Texas Commission Denying Approval

LCG, July 8, 2020--American Electric Power (AEP) announced last Thursday that, following the PUC of Texas not approving AEP subsidiary Southwestern Electric Power Co.'s (SWEPCO) plan to add 309 MW of wind energy to serve Texas customers, AEP will proceed to acquire the entire planned 1,485 MW of North Central wind projects.

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JEA Board Approves Transaction with FPL to Close 848-MW Coal Unit in Georgia

LCG, June 30, 2020--The JEA Board of Directors in a special meeting last Friday unanimously approved a transaction that will result in closing an 848-MW unit at Plant Scherer and entering into a 20-year purchase power agreement (PPA) with Florida Power & Light Company (FPL).

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Industry News

Legislation Proposed to Remove California ISO as Grid Manager

LCG, January 22, 2003--In the midst of a legal dispute between the Federal Energy Regulatory Commission (FERC) and the California Independent System Operator (ISO) over the ISO board's makeup, a California senator who has led an investigation into market manipulation has introduced a bill that would return management of the state transmission grid to the major utilities.

Senator Joe Dunn, D-Santa Ana, said during a hearing of his special investigative committee that he believes the ISO should no longer exist. The ISO has been under attack since last summer, when the board refused to respond to an order from the FERC to replace its board members, which the FERC felt were not sufficiently independent. Gov. Gray Davis advocated that the board not respond to the order, having appointed the members at the beginning of 2001. FERC sued the state on Aug. 16, and the matter is currently before the U.S. District Court of the District of Columbia.

Sen. Dunn said his bill is "there as a vehicle depending on the outcome of that dispute." He is also planning to introduce a bill that would move the state towards "some sort of quasi-regulated electricity system," he told Dow Jones. Dunn has resisted confirming Michael Kahn, chairman of the ISO, and hopes to have Kahn make management changes Dunn feels are necessary before moving on the confirmation.
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