American Electric Power (AEP)

AEP’s Akins Optimistic over Regulated Future
AEP reported fourth-quarter operating earnings of 67 cents/share, up almost 40% from a year earlier.
PJM Planning/TEAC Briefs
The PJM PC discussed the timeline for reviewing tie-line requests and project-selection guidelines while TEAC discussed the definition of "immediate need."
Texas PUC Sets Questions in NextEra-Oncor Merger

The PUCT approved a preliminary order outlining numerous issues NextEra Energy and Oncor must address, while also approving AEP's consolidation.

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AEP Ohio Rate Plan Excludes Merchant Generation
AEP Ohio proposed a new retail rate plan that would more than triple residential customers’ fixed charges but doesn't include subsidies for its merchant generation.
AEP Turns Away from Generation to Transmission, PPAs
American Electric Power (NYSE:AEP) reported a $766 million third-quarter loss after writing down the value of its generation by $2.3 billion.
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MOPC Rejects Z2 Waivers; Task Force Seeks Changes
SPP stakeholders once again took up the issue of Z2 waivers at last week's MOPC, and once again, the discussion was lively.
SPP Markets and Operations Policy Committee Briefs
The SPP Markets and Operations Policy Committee endorsed a 41% increase in a delayed 345-kV project along the Red River in southeastern Oklahoma as reasonable and reset the project’s baseline.
Overheard at the 8th Annual Transmission Summit West
Transmission industry owners, operators, generators, regulators, financiers and other key players from the Western U.S. attended Infocast’s 8th annual Transmission Summit West.
Blackstone, ArcLight to Purchase AEP Merchant Plants for $2.2B
AEP (NYSE:AEP) has reached a deal to sell more than 5,000 MW of Ohio and Indiana merchant generation to The Blackstone Group (NYSE:BX) and ArcLight Capital Partners for about $2.2 billion.
AEP Nearing Decision on Ohio Power Plants
American Electric Power (NYSE: AEP) has nearly completed the bidding process to sell more than 5,000 MW of merchant generation in Ohio and Indiana.

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