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August 25, 2024

American Electric Power (AEP)

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FERC Seeks Comments on Reactive Power Compensation
FERC approved an inquiry into how reactive power capability should be compensated in the face of changing conditions on the nation’s electricity grid.
Xcel Energy
Xcel Continues Focus on Carbon Reductions
Xcel Energy CEO Bob Frenzel said there is little space between he and his predecessor, Ben Fowke, when it comes to the clean energy transition.
AEP
AEP to Sell Kentucky Operations to Algonquin
AEP said it has entered into an agreement to sell Kentucky Power to Algonquin Power & Utilities' Liberty Utilities for $2.85 billion.
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NextEra Energy Bullish on Future Tx Investments
NextEra Energy stressed importance of new transmission and support of RTOs during its second-quarter earnings call with financial analysts.
Exelon
Counterflow: New Ball and Chain for Renewable Energy
Columnist Steve Huntoon says a proposal by PJM TOs to rate base network upgrades and charge generators formula rates would harm new wind and solar.
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Transource Challenges Pa. PUC Decision in Court
The future of the Independence Energy Connection transmission project is still undecided as Transource Energy appealed the Pennsylvania PUC's decision.
U.S. National Archives
Sparks Fly at Virginia SCC Hearing on Appalachian Power’s Coal Plants
The Sierra Club urged the Virginia SCC to reject APCo’s bid for $31.6 million in environmental costs for two coal-fired plants, saying they should be retired.
AEP
TOs Won’t Give up RTO Adder Without a Fight
Utilities are seeking Congressional help to defeat FERC’s proposal to eliminate the transmission rate adder for remaining in RTOs.
Edison Electric Institute
Manchin Ruminates on Power, Process at EEI Conference
In an interview taped for EEI's Net Zero conference, Sen. Joe Manchin suggested he will oppose White House initiatives that add to the national debt.
FunksBrother, CC BY-SA 4.0, via Wikimedia Commons
AEP Reports Receiving SEC Subpoena Connected to Ohio Bailout Bill
AEP said that it had received a subpoena from the SEC seeking documents related to how it might have benefited from the passage of Ohio H.B. 6 in 2019.

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