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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 Will Use Gas from Australia and Indonesia

LCG, August 12, 2002-China will obtain $1 billion in liquefied natural gas (LNG) annually from Australian and Indonesian sources, as announced last week Thursday.

China chose British Petroleum, which controls the Tagguh gas field along with Indonesian partner Pertamina, to supply an as-yet-unconstructed LNG terminal in Fujian, a southern Chinese province. No specific financial amounts have been reported, but it is estimated that the contract is for $500 million annually.

The Australian consortium ALNG has also reportedly signed a 25-year contract with China. The gas, 3 million tons a year, will be used to power the southern province of Guangdong via an already-constructed LNG terminal. In 2008 the annual supply will increase to 5 million tons.

ALNG includes Woodside Petroleum, BHP Billiton Petroleum, BP Developments Australia, Chevron Texaco Australia, Shell Development Australia, and Japan Australia LNG. According to Australia's Prime Minister John Howard, the agreement is the largest individual export contract Australia has made.

The contracts are an indication of China's deliberate shift from coal to other energy sources, a noteworthy decision for a country which has a history of strong if perhaps dogmatic self-sufficiency.

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