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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

PG&E Files Claim Over Regulation of Plants

LCG, Jan. 18, 2002--PG&E yesterday announced it is seeking $4.1 billion it says it has not earned in the marketplace due to a law regulating the rates its remaining plants are allowed to charge.

According to a statement by the company, the deregulation law AB 1890 allowed the utility's plants that were not sold off to receive market rates, subject to federal oversight. Last winter, the legislature passed AB 6X as one of a series of measures meant to deal with the energy crisis. The effect of AB 6X was to prevent the plants from earning market rates, a change from AB 1890 which PG&E characterizes as a breach of contract.

The claim was directed to the state Victim Compensation and Government Claims Board, and seeks to remove nuclear and hydropower facilities from regulatory oversight by the Public Utilities Commission. The Board makes payments to victims of crime out of state funds.

A statement issued by the PUC called the maneuver "a frivolous act of desperation" by "a corporate scofflaw." Gov. Davis' spokesman Steve Maviglio said the claim was "another salvo in PG&E's war against the state's consumers."

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