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August 25, 2024

American Electric Power (AEP)

Transmission Rx: Federal Standards, Broader Evaluation
More uniformity in transmission planning standards and broader considerations of benefits are needed, officials said at the EBA’s annual meeting.
SPP Board/Members Committee Briefs: April 27, 2021
SPP stakeholders approved staff’s recommendation to withdraw a competitive transmission project that was opposed by the incumbent transmission owner, Evergy.
FERC Electrification Conference Considers Future Grid
The need for uniform EV charging standards and the limits of state efforts to price carbon highlighted FERC’s technical conference on electrification.
AEP’s Akins Lambasts FERC’s RTO Adder Proposal in Earnings Call
AEP CEO Nick Akins expressed his “extreme disappointment” with FERC’s recent proposal to limit a transmission rate adder incenting utilities to join RTOs.
Waymarking
MISO, SPP Ordered to Resolve Overlapping Charges
FERC ruled last week that pseudo-tied loads and resources between MISO and SPP are subject to overlapping congestion charges.
AEP CEO Calls for More Stringent Reliability Measures
American Electric Power CEO Nick Akins called for stepped-up reliability measures following a winter storm that ravaged the Texas grid.
CIP Compliance: Don’t ‘Boil the Ocean’
After a three-month delay because of the pandemic, CIP-013-1 took effect, starting the 18-month compliance period for stakeholders.
ITC Recounts Derecho Response at NERC Conference
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.
© RTO Insider
AEP: ‘Light at the End of the Tunnel’
AEP reported third-quarter earnings of $749 million ($1.51/share), compared with earnings a year ago of $734 million ($1.49/share).
Indiana City Wins Ruling on Station Power
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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