November 22, 2024

American Electric Power (AEP)

Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP, Liberty Call off Sale of Kentucky Operations
AEP and Liberty Utilities have shelved their plans to exchange Kentucky Power for $2.6 billion, ending two years of attempts to gain approval.
AEP
Kentucky Officials Ask FERC to Deny AEP-Liberty Deal
Kentucky officials have asked FERC to shut down AEP’s proposed $2.6 billion sale of its Kentucky operations to Liberty Utilities.
Senate ENR
Senate Energy Comm. Ponders Change in Cybersecurity Authorities
Senators discussed new bills that would give FERC authority over gas pipeline cybersecurity and change how DOE handles cyber threats.
Oklahoma Municipal Power Authority
Texas Lawmakers Push to Save Retiring Coal Plant
Texas politicians are making a last-ditch push to save a 37-year-old coal plant in East Texas that they say has another 22 years of useful life.
AEP
AEP Continues to De-risk the Balance Sheet
AEP reiterated its strategy to de-risk the company and prioritize investments during the company’s quarterly earnings call with financial analysts.
Independence Demolition
AEP, Liberty Utilities Try Again on Kentucky Territory Deal
American Electric Power and Liberty Utilities have filed a fresh application with FERC seeking approval of the sale of AEP’s Kentucky operations to Liberty.
Public Utilities Commission of Ohio
PUCO Staff Clears AEP on June Load Sheds
Ohio regulators cleared AEP of wrongdoing in its response to storms that led to load sheds in June but said it should manage vegetation more aggressively.
© RTO Insider LLC
FERC Rejects Sale of AEP’s Kentucky Operations to Liberty
FERC rejected the sale of American Electric Power’s Kentucky operations to Algonquin Power & Utilities subsidiary Liberty Utilities.
© RTO Insider LLC
FERC Orders Two Ohio Utilities Ineligible for RTO Adder
FERC rescinded RTO participation incentives for two AEP affiliates on the grounds that Ohio law compels transmission owners to participate in an RTO.
FERC
FERC-DOE Technical Conference Considers New Standards for Supply Chain Threats
Supply chain threats have evolved since FERC directed NERC to develop standards covering them, but there's no consensus on whether they should be updated.

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