November 4, 2024

OGE Energy

NERC
NERC Standards Committee Organizes for New Year
NERC's Standards Committee welcomed new members to its executive committee, while taking action on several standards projects.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP Discloses SEC Subpoenas, Investigation
American Electric Power says it's been issued two SEC subpoenas in an investigation into the company’s involvement in controversial Ohio legislation.
LG Energy Solution
Vistra Generation Helping ERCOT Meet Record Demand

Vistra CEO Jim Burke said Luminant’s generating fleet has performed well amid Texas’ ongoing heat wave, which has led to multiple demand records this summer.

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.
OGE
OGE Energy Sees Growing Demand from Crypto and Commercial Load
OGE Energy released its fourth-quarter earnings, which showed continued load growth in its footprint in Oklahoma and Arkansas.
OG&E
Enable in Rear View, OGE Looks to Improve Reliability
OGE Energy has completed its exit from a midstream gas joint venture, allowing the company’s investors to focus on “a premium electric utility business.”
OGE Energy
OGE Benefits from Enable Midstream’s Sale
OGE has shed 77% of its investment in Enable Midstream Partners for an $813 million return at an average price of $11.09/unit, a 33% premium since December.
OGE Energy
OGE Q1 Earnings up from 2021
OGE Energy says its first-quarter earnings more than quintupled last year’s first quarter, which was marred by the severe winter storm.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP to Sell Unregulated Renewables Portfolio
AEP said it intends to sell some or all of its unregulated contracted renewable resources and redirect the proceeds to its transmission assets.
Enable
OGE, CenterPoint Complete Enable’s Disposal
OGE Energy and CenterPoint Energy have completed their sale of their Enable Midstream Partners gas-gathering partnership to Energy Transfer Partners.

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