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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

Rhode Island Legislature Passes Revisions to Increase RPS Goals to 40 Percent

LCG, June 28, 2016--The Rhode Island legislature last week passed legislation to increase the state's renewable energy target from 14.5 percent by 2019 to 40 percent by 2035. The legislation is expected to be signed into law by Governor Gina Raimondo.

The legislation proposes to revise Rhode Island's original renewable portfolio standard (RPS) approved in June 2004. The original RPS targeted 3 percent renewable energy by 2007; it would then rise an additional 0.5 percent through 2010, an additional 1.0 percent through 2014, and an additional 1.5 percent of renewable energy each year through 2019, when it would reach 16 percent. However, in December 2014, the PUC decided to delay the 1.5 percent increase for 2015 by one year, thus reducing the 2019 goal from 16 percent to 14.5 percent.

A House amendment attached to the new legislation gives the PUC more flexibility to delay a planned increase in the RPS in the event of an inadequate supply of renewable energy credits.

Last month, Maryland Governor Larry Hogan vetoed legislation that would increase the state's RPS from 20% to 25% by 2020. According to the Governor, Maryland consumers in 2014 paid over $104 million for renewable energy credits, and the higher standard would increase the burden on ratepayers. The tax increases were estimated to be up to $196 million in 2020 under the proposed legislation.
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