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AEP's 2,000-MW Wind Catcher Project Faces Challenge at Oklahoma Corporation Commission

LCG, February 14, 2018--An Oklahoma Corporation Commission (OCC) administrative law judge on Monday recommended against preapproval of Public Service Co. of Oklahoma's request to to charge its ratepayers to support partial ownership of the 2,000-MW Wind Catcher project and to use some of the electricity generated by the project. The utility, a subsidiary of of American Electric Power (AEP), is requesting authorization to recover estimated costs of about $1.36 billion to become part-owner of the Wind Catcher project and to construct a 765-kV transmission line to deliver electricity to a Public Service Co. of Oklahoma (PSO) substation north of Tulsa.

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AEP's Clean Energy Strategic Vision Plans to Reduce Carbon Emissions 80 Percent from 2000 levels by 2050

LCG, February 8, 2018--American Electric Power (AEP) Monday released a report outlining the company's strategy for a clean energy future. The strategy includes new carbon dioxide emission reduction goals and investments in renewable resources and advanced technologies to enhance the efficiency of the power grid.

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Industry News

PSE&G Reaches Preliminary Agreement with New Jersey BPU for Solar Investments

LCG, May 1, 2013--Public Service Electric & Gas (PSE&G) announced yesterday that it reached a preliminary agreement with New Jersey Board of Public Utilities (BPU) to invest up to $446 million in solar projects over three years.

The settlement for solar power investments requires full board approval, and a decision is expected by the end of May. The New Jersey Division of Rate Counsel stated it will oppose the agreement based upon its belief that there are inadequate safeguards to limit utility spending and that the 10-percent return PSE&G would receive is too high.

Under the agreement, PSE&G would spend $247 million on 42 MW of solar generating capacity located on brownfield sites (including landfills), plus 3 MW of smaller projects. In addition, PSE&G would invest up to $199 million on 97.5 MW of new solar generation via a loan system.

In addition to providing renewable power, the investment to develop solar power is also said to be a means to improve reliability in the wake of Hurricane Sandy.
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