American Electric Power (AEP)
More uniformity in transmission planning standards and broader considerations of benefits are needed, officials said at the EBA’s annual meeting.
SPP stakeholders approved staff’s recommendation to withdraw a competitive transmission project that was opposed by the incumbent transmission owner, Evergy.
The need for uniform EV charging standards and the limits of state efforts to price carbon highlighted FERC’s technical conference on electrification.
AEP CEO Nick Akins expressed his “extreme disappointment” with FERC’s recent proposal to limit a transmission rate adder incenting utilities to join RTOs.
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.
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