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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

FERC Approves Louis Dreyfus to Trade Electricity

LCG, Oct. 14, 2002--The privately owned bank Louis Dreyfus received approval this month from the Federal Energy Regulatory Commission (FERC) after it sought to trade electric power and ancillary services.

Dreyfus trades commodities in over 50 countries, and applied in July with FERC to trade power in the United States. Among the ancillary services Dreyfus intends to offer are imbalance and spinning reserves within the PJM Interconnection, as well as through New York Independent System Operator (ISO), New England Power Pool and the California ISO. Spinning reserves are called upon when either an unexpected loss of generating capacity or a quick increase in demand necessitates that a running generator provide additional power.

A business unit of Dreyfus, Louis Dreyfus Electric Power Inc. has had approval to trade power since 1992. Rather than use the approval granted to that unit, the company decided for "business, commerical and corporate reasons" to create Louis Dreyfus Energy LLC.

As a condition of Dreyfus' ability to trade, it may need to submit reports to the FERC to show "that neither public nor private interests will be adversely affected by continued approval of Louis Dreyfus Energy's issuances of securities or assumptions of liability."
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