American Electric Power (AEP)
FERC approved revised rate schedules for two American Electric Power affiliates in Ohio to remove their RTO participation adders.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP and Liberty Utilities have shelved their plans to exchange Kentucky Power for $2.6 billion, ending two years of attempts to gain approval.
Kentucky officials have asked FERC to shut down AEP’s proposed $2.6 billion sale of its Kentucky operations to Liberty Utilities.
Senators discussed new bills that would give FERC authority over gas pipeline cybersecurity and change how DOE handles cyber threats.
Texas politicians are making a last-ditch push to save a 37-year-old coal plant in East Texas that they say has another 22 years of useful life.
AEP reiterated its strategy to de-risk the company and prioritize investments during the company’s quarterly earnings call with financial analysts.
American Electric Power and Liberty Utilities have filed a fresh application with FERC seeking approval of the sale of AEP’s Kentucky operations to Liberty.
Ohio regulators cleared AEP of wrongdoing in its response to storms that led to load sheds in June but said it should manage vegetation more aggressively.
FERC rejected the sale of American Electric Power’s Kentucky operations to Algonquin Power & Utilities subsidiary Liberty Utilities.
FERC rescinded RTO participation incentives for two AEP affiliates on the grounds that Ohio law compels transmission owners to participate in an RTO.
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