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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

Common Wholesale Power Market Envisioned Between Midwest-ISO and PJM

LCG, Jan. 22, 2002--In a "Letter of Intent," the Midwest Independent Transmission System Operator, Inc. (MISO) and Pennsylvania-Maryland-Jersey Interconnection outlined plans yesterday to form a unified wholesale market composed of producers and consumers from the two organizations.

The objectives described in the letter were the focus of discussions last week in which officials and representatives of MISO and PJM participated. The territory encompassed by the single market would include all of part of 27 Midwestern and mid-Atlantic states, the District of Columbia and Manitoba, the Canadian province.

Phillip G. Harris, PJM president and chief executive officer, said, "This Letter of Intent reflects PJM and MISO's commitment to develop a single, robust energy market that meets the needs of all customers and stakeholders in the combined region." MISO's president and chief executive officer, James P. Torgerson, said, "working with PJM on a joint and common market design will allow both regions the opportunity to rapidly realize the benefits of a seamless power market."
Among the major objectives outlined in the letter are "the safe and reliable operation of the electric power grid" and the formation of a market "administered by two separate organizations with certain functions undertaken jointly and others undertaken through common processes". Additionally, the market's "information technology network architectural design will be established that will provide for growth, redundancy, security and flexibility for he future."

The two organizations plan to encourage a cooperative design process through the input of a joint committee including stakeholders from both organizations.

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