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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

China Considers Moving Industries From Coal to Oil Dependence

LCG, August 6, 2002-China's government may instate a major policy to change its industries' main energy source from coal to oil.

China's populated cities have made efforts recently to shift away from burning coal. Beijing, the future site of the 2008 Olymics, exemplifies this new sentiment, as various coal-burning facilities have been moved out of the city or banned. Other cities have been exploring gas and oil options in efforts to reduce the amount of air pollution.

As a percentage of total energy sources, China uses much more coal than other industrialized nations. Worldwide, coal constitutes less than a quarter of all energy. Not long ago, 75 percent of China's energy came from coal, but coal's use has most recently dropped to 70 percent.

Although China's policymakers are interested in cleaner fuels, they are cautious about moving away from a source of energy that can be mined from within China's boundaries. Switching to oil would require hundreds of millions of tons of oil to be imported and tens of thousands of workers to be laid off.

The Energy Institute of China's State Development Planning Commission has developed the policy and submitted it to the central government for consideration.

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