American Electric Power (AEP)
AEP reported fourth-quarter earnings of $153.5 million ($0.31/share), down from $363.4 million ($0.74/share) the year before.
FERC’s Dec. 19 order expanding PJM’s minimum offer price rule prompted outrage among some officials in the RTO’s 13-state footprint.
PJM told the Planning Committee it will share unredacted project proposals with the Monitor, despite confidentiality concerns raised by transmission owners.
FERC said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project.
Public Service Company of Oklahoma formally notified ERCOT that it will retire the coal-fired Oklaunion Power Station in the Texas Panhandle.
The Public Utilities Commission of Ohio denied AEP’s request to recover costs from ratepayers for proposed wind and solar projects totaling 900 MW.
PJM wants to sunset the Distributed Energy Resources Ride Through Task Force after saying its work considering a default standard is done.
American Electric Power’s third-quarter figures beat expectations with earnings of $734 million, up from $578 million over the same period in 2018.
PJM’s Planning Committee deferred voting on a proposal regarding critical infrastructure mitigation projects for a webinar planned to discuss transparency.
The Public Utilities Commission of Ohio delayed ruling on the need for two solar projects proposed by AEP after the company asked for a “brief hold.”
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