Exelon’s Constellation will pay American Electric Power $252,701 to settle AEP’s complaint over MISO’s failure to collect transmission charges from a defunct LSE.

American Electric Power can be counted among companies whose environment has been turned upside down by COVID-19, with Q1 earnings down sharply.

AEP warned shareholders its financial condition and operations could be hurt by the COVID-19 pandemic as utilities considered delaying spring maintenance.

AEP reported fourth-quarter earnings of $153.5 million ($0.31/share), down from $363.4 million ($0.74/share) the year before.

FERC’s Dec. 19 order expanding PJM’s minimum offer price rule prompted outrage among some officials in the RTO’s 13-state footprint.

PJM told the Planning Committee it will share unredacted project proposals with the Monitor, despite confidentiality concerns raised by transmission owners.

FERC said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project.

Public Service Company of Oklahoma formally notified ERCOT that it will retire the coal-fired Oklaunion Power Station in the Texas Panhandle.

The Public Utilities Commission of Ohio denied AEP’s request to recover costs from ratepayers for proposed wind and solar projects totaling 900 MW.

PJM wants to sunset the Distributed Energy Resources Ride Through Task Force after saying its work considering a default standard is done.