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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

California Market Design Proposal Approved by ISO

LCG, June 27, 2003--The Board of Governors of the California Independent System Operator today announced its approval of a revised set of rules for the market overseen by the grid operator.

The revised version of the MD02 plan reflects input by stakeholders, who commented on the Revised Comprehensive Market Design Proposal in May, as well as on the first version of MD02. "The concepts in this comprehensive design represent significant steps the ISO can take to protect California consumers from Enron-styel games and other predatory tactics that contributed to the energy crisis of 2000 and 2001," said Michael Kahn, the chairman of the Board of Governors.

Notable changes as compared with the previous versions include a "cost aggregation" feature of Locational Marginal Pricing, handling of Existing Transmission Contracts, and payments for Residual Unit Commitment (to units for start-up and operating costs when they are not already available). Additionally, a requirement concerning Available Capacity has been dropped. An alternative method of encouraging future supply expansion will be investigated.
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