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August 26, 2024

American Electric Power (AEP)

Wind Growth Causes SPP to Take 2nd Look at Tx Projects
The SPP MOPC asked staff to re-evaluate whether two transmission projects should have their need dates accelerated given wind energy growth.
AEP’s Crowder Joins GridLiance
GridLiance continues to gather up industry expertise, announcing that AEP's J. Calvin Crowder has joined as president of the  company's South Central region.
SPP Markets and Operations Policy Committee Briefs
A summary of issues discussed by the SPP Markets and Operations Policy Committee on April 12 to 13.
PJM: MOPR Could be Improved, but not by BRA
PJM asked FERC not to order changes to the RTO’s minimum offer price rule before May’s Base Residual Auction.
UPDATED: FERC Action Awaited Following PUCO OK on PPAs
The Public Utiities Commission of Ohio (PUCO) unanimously approved modified versions of two controversial power purchase agreements for AEP and FirstEnergy.
PJM Joins EPSA’s Call for FERC Review of Ohio PPAs
PJM joined more than a dozen other parties in calling for a FERC review of power purchase agreements that would provide FirstEnergy and AEP a guaranteed return for their struggling generating stations in Ohio.
Barge Sale Propels AEP’s Q4 Earnings
Despite posting a decrease in revenue and missing analysts’ predictions, AEP reported a 145% increase in fourth-quarter earnings.
FERC Denies AEP’s Capacity Performance Waiver Request
FERC denied AEP's request for a waiver of nonperformance penalties under PJM’s Capacity Performance construct for delivery year 2019/20.
Dynegy, NRG Ask FERC to Void Ohio PPAs
Independent power producers and EPSA jointly filed complaints with FERC against power purchase agreements FirstEnergy and AEP have proposed to Ohio.
Next up in Ohio PPA Battle: Dynegy Weighs in
Dynegy has entered the Ohio power purchase agreement fray, floating an offer to PUCO that it said would save consumers in the state $5 billion.

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