American Electric Power (AEP)
FERC ruled last week that pseudo-tied loads and resources between MISO and SPP are subject to overlapping congestion charges.
American Electric Power CEO Nick Akins called for stepped-up reliability measures following a winter storm that ravaged the Texas grid.
After a three-month delay because of the pandemic, CIP-013-1 took effect, starting the 18-month compliance period for stakeholders.
The August 2020 derecho caused $7.5 billion in damage and led ITC Holdings to seek mutual aid for the first time in its history.
AEP reported third-quarter earnings of $749 million ($1.51/share), compared with earnings a year ago of $734 million ($1.49/share).
FERC ruled generating facilities that are not online and producing energy must pay for their station power at retail rates subject to state jurisdiction.
AEP will become at least the fourth major U.S. utility to switch its stock listing from the New York Stock Exchange to the Nasdaq Stock Market.
AEP's CEO said federal investigators have not contacted the company about an alleged bribery scheme and defended AEP’s contributions to a nonprofit.
Evergy has decided to remain single after dalliances with several potential acquisition partners, according to a published report.
AEP CEO Nick Akins said that his company is innocent of wrongdoing in the alleged bribery scheme that resulted in the passage of Ohio H.B. 6, echoing a similar protestation by FirstEnergy CEO Charles Jones.
Want more? Advanced Search