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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

January Gas Shortage in New England Under Investigation

LCG, Jan. 27, 2004--A shortage of natural gas and simultaneous high power prices that occurred in New England in mid-January are the subject of an investigation by the Federal Energy Regulatory Commission's Office of Market Oversight and Investigations, division Director William Hederman, Jr. told Connecticut officials.

The investigation will try to establish whether the reason for the elevated power prices and tight power supplies was based in market fundamentals alone, or whether other factors contributed. The FERC investigation was prompted by a request by Connecticut Attorney General Richard Blumenthal. Blumenthal has been investigating the possibility that power generators chose to sell gas at high prices rather than use it to generate electricity.

The ISO New England, which manages the regional power grid, had warned on Jan. 15 that it was prepared to trigger rolling blackouts if a failure on a line or at a generator made it necessary. The warning was dropped the next day, when the number of available units rose. Blumenthal stated last week that the ISO could have created conditions that led to fewer generators being available. In a statement, the ISO asserted that it had done everything possible to ensure availability of power supplies, although rules that permit generators to sell gas if the plants are not needed for reliability are under review.
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