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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

Bill to Turn Back Deregulation Passes CA Assembly

LCG, June 9, 2003--According to the author of the California bill SB 888, Sen. Joe Dunn, D-Santa Ana, "there is an urgency" behind its passage, but the bill, which passed the Senate Thursday, would likely disappoint some who have been able to make arrangements to buy electricity from sellers other than the state's major utilities.

The measure, which will go to the Assembly next, was not explicitly endorsed by Gov. Gray Davis, but Davis has asserted that California needs a "more regulated environment than we have now." Others, such as businesses who have been able to purchase electricity through "direct access" power contracts, are not eager for new legislation, before policy already in effect has had a chance to be tested more extensively.

While Dunn, who led an investigation into the causes of the energy crisis of 2000 and 2001, has referred to the real possibility of further rolling blackouts within the next year or two, it is not clear that SB 888 would significantly increase supplies available to California. It would give power companies the ability to enter long-term contracts, presumably with utilities. The state could also investigate the operating conditions at power plants taken off-line for maintenance or repair.

Severin Borenstein was quoted in the Sacramento Bee about SB 888, and said "It is unfortunate because direct access was not the problem, it was a symptom of the problem."
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