November 22, 2024

American Electric Power (AEP)

PJM
PJM PC/TEAC Briefs: Aug. 8, 2023
PJM stakeholders approved a load model for the 2023 reserve requirement study during the Planning Committee's Aug. 8 meeting.
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Down Day: Xcel, AEP, CenterPoint Shares Slide After Earnings
Xcel Energy, AEP and CenterPoint energy reported lower second-quarter earnings during a down day for utilities and other sectors on Wall Street.
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Industry Cool on Revised Winter Weather Standard

The team revising NERC’s cold weather standard has more work ahead after industry respondents put the freeze on their latest proposed revisions with a negative segment-weighted vote of more than 56%.

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SPP Markets and Operations Policy Committee Briefs: July 10-11, 2023

SPP stakeholders endorsed a tariff revision request that adds a winter resource adequacy requirement for load-responsible entities bound by the grid operator’s recent planning reserve margin increase.

Thomas Hughes, CC BY-SA 4.0, via Wikimedia Commons
Kentucky Power Denied Winter Storm Cost Recovery, Fines Possible
Kentucky regulators rejected Kentucky Power's request to recoup fuel costs incurred during the December 2022 winter storm while raising the prospect of penalties.
Oklahoma Municipal Power Authority
Texas PUC Rejects SWEPCO Application for Renewables at Pirkey
Texas regulators rejected SWEPCO's application to build renewable generation resources at the site of a coal plant that ceased operations in March.
Grid Strategies
Minimum Transfer Capability Between Regions Debated at FERC
Parties filing comments with FERC on expanding interregional transfer capability mostly supported the concept, though opinions were split on how to get there.
SPP
FERC Rejects Protest of SPP PRM Increase
FERC rejected a complaint by three SPP members seeking to overturn the RTO’s decision last year to increase its planning reserve margin from 12% to 15%.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP Continues to ‘De-risk’ its Businesses
AEP says it plans to sell its AEP Energy competitive retail business in PJM as it continues to simplify and de-risk its operations.
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FERC Approves Removal of RTO Adder for AEP Ohio Cos.
FERC approved revised rate schedules for two American Electric Power affiliates in Ohio to remove their RTO participation adders.

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