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February 15, 2026

American Electric Power (AEP)

AEP, Dynegy Swap Merchant Assets
AEP and Dynegy completed the transfer of their stakes in a pair of Ohio coal-fired plants that the two companies own in common.
Q1 Earnings Briefs
Summaries of first-quarter earnings reports for AEP, Xcel Energy and NextEra Energy.
AEP Must Install Scrubbers at Indiana Coal Plant, Court Rules
An appellate court ruled that AEP must bear the billion-dollar cost of installing scrubbers at the Rockport Generating Station in Indiana.
PJM Planning Committee and TEAC Briefs
PJM stakeholders discussed revisions to its targeted market efficiency project process with MISO and a solution to the hazard at PSE&G's Newark substation.
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.

Baker Concrete
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.

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