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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

AWEA Issues Second Quarter 2017 Market Report

LCG, August 3, 2017--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Second Quarter 2017 Market Report. AWEA's evaluation concludes that developers installed 357 MW of new wind capacity in the U.S., increasing the total to 2,357 MW. The total installed capacity in the U.S. is now 84,405 MW, and Kansas became the fifth state in the U.S. to surpass 5,000 MW of installed capacity.

Three companies dominated the installations. GE Renewable Energy, the newly merged Siemens Gamesa Renewable Energy, and Vestas installed a combined 97% of the 2,357 MW of facilities commissioned during the first half of 2017.

AWEA estimates significant additional capacity from newly installed wind turbines by the end of 2017. For the second quarter, project developers announced 2,495 MW in new construction activity and 1,346 MW in new advanced development activity. AWEA's report states that there are now 14,004 MW under construction and 11,815 MW in advanced development, or a combined 25,819 MW of wind capacity under construction or in advanced development. These figures represent a 41% year-over-year increase.

Texas continues to lead the U.S., with 21,044 MW of installed capacity. Based upon construction activity, Oklahoma may surpass Iowa to become the second-ranked state in installed capacity by the end of 2017. California and Kansas are ranked four and five.

With respect to power purchase agreements (PPAs), AWEA reports new agreements totaling 1,697 MW were signed during the second quarter, raising the total capacity announced in 2017 up to 3,443 MW.
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