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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

TXU Mothballs Generation in UK Portfolio

LCG, Jan. 14, 2002--Citing falling wholesale prices and overcapacity in the UK power market, TXU will mothball part of two generating plants first commissioned over thirty years ago.

Wholesale power prices in the UK have dropped roughly 25 percent with the institution of the New Electricity Trading Arrangements (NETA) in March 2001. The NETA represents a more competitive market structure than the former England and Wales Electricity Pool of old. This, plus "specific issues of age, efficiency, reliability and maintenance requirements" were mentioned by Martin Stanley, TXU's president of trading and production, by way of explanation.

TXU, which negotiated the sale of the 2,000-megawatt West Burton power plant to Electricite de France for 366 million pounds ($530 million) two months ago, left open the possibility that generators at the Drakelow C and High Marnham plants could be brought back into service if the market warrants the move. The effect of mothballing the two plants will be to withdraw 522 megawatts from the UK market, which leaves more than 99 percent of the former capacity total intact.

Reuters reported that Paul Taylor, vice president of UK power trading did not foresee any additional generators being mothballed.

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