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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

PPL Says It Is Not to Blame for High Prices in Pennsylvania

LCG, Jan. 17, 2002--High prices in the Pennsylvania wholesale power market in early 2001 were not caused by market manipulation, PPL told Pennsylvania's Public Utility Commission this week.

PPL filed a report with the agency, which was given authority by the Federal Energy Regulatory Commission to investigate what supplier NewPower Holdings Inc. complained were market irregularities. Following a PJM report that showed prices to have been inflated, the PUC in November began investigating possible manipulation by PPL.

In addition to the PUC investigation, the U.S. Department of Justice has started an antitrust investigation.

During the first quarter of 2001, PPL's generating capacity was greater than that at the disposal of other electric companies. By law, companies serving customers are to have enough capacity to satisfy an additional 19 percent above expected demand.

High prices in the capacity market were cited by NewPower during the summer as the reason it had had difficulty in serving its customers competitively. PPL's filing referred to the possibiity of alternative suppliers' being squeezed out of retail sales as "unlikely."

Although consumers are protected by rate caps in the Mid-Adlantic, John Hanger, previously a PUC commissioner and who heads PennFuture, a Harrisburg consumer-interest group, said "It's like telling somebody who just got shot he didn't get shot." Hanger said that as of last March, retail power suppliers started to exit the market. The PUC listed 72 companies now in the market, compared to 97 last January.

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