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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

Allegheny Energy Unit Agrees to Revised CA Contract

LCG, June 10, 2003--Allegheny Energy Supply, a unit of Allegheny Energy, has reached an agreement with the California Department of Water Resources to sell power under contract at lower rates, while the agency dropped a lawsuit it had filed in January.

The volume of power to be purchased was revised downward, and the price for power in off-peak hours starting in 2004 was lowered. The new prices will bring the cost of the contract to approximately $3.4 billion, which by Gov. Gray Davis' calculations is $836 million less than it had been previously.

The price for power in the contract averages $59.83/MWh, whereas it had been $61/MWh. Allegheny, which has its headquarters in Hagerstown, Md., plans to sell the revised contract.
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