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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

Con Edison Wants New York Market Rules Tightened

LCG, March 5, 2001Consolidated Edison Co. of New York said Friday that it has asked the Federal Energy Regulatory Commission to tighten up wholesale electricity market rules in New York State to prevent power plant owners from exercising market power.

"The original market power mitigation measures were established before the New YorkIndependent System Operator became operational. As the market for electricity in New York has evolved, we can clearly see that there are some loopholes in those measures. This filing is aimed at closing the loopholes and providing customers greater protection against higher electricity prices when the marketplace is not competitive," said Kevin Burke, president of Con Edison.

Burke said the company has identified "loopholes" that could add as much as $20 million to the cost of wholesale power in some months.

Con Edison wants FERC to prevent in advance all the bad things California power producers have been accused of in hindsight. The company wants to prevent generators from "gaming" the system, wants protections on bidding behavior for must-run plants, wants to discourage plant operators from withholding power in order to drive up prices, and more.

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