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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

State Power Authority Floats California Plan

LCG, Jan. 29, 2002--Attendees of a hearing on California's fledgling Power Authority expressed support for some of its objectives, such as expanding generation options, while not totally embracing the Authority's potential for intervening in the market.

The hearing in Oakland yesterday included senior staff from the Power Authority, including chairman David Freeman, as well as representatives from business, environmental and consumer groups. The plan proposed for comment included issuance of $5 billion worth of bonds which would be used for energy efficiency, demand management, and small, non-fossil-fired generating resources.

Freeman said that his agency's goal was to respond to and interact with what he called a "hybrid system" in the state's energy market. Sean Randolph of the Bay Area Economic Forum, which analyzes growth, business and community issues, commented that "we don't think (the authority) should be in the role of supplanting new investment or spend state money in areas where the market is prepared to step in." He also expressed concern that investors could be deterred by excessive involvement by the power authority in the market, and in particular by the threat of eminent domain.

Other attendees, such as Jill Ratner of the Oakland-based Rose Foundation for Communities and the Environment supported investment in renewable energy sources, whereas most recent development has been in the form of gas-fired power plants. Freeman stated, "we've got too many of our eggs in the natural gas basket for a prudent businessman to be comfortable with." The hearing will be followed by other opportunities for public comment on Power Authority objectives.

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