American Electric Power (AEP)
This week's company briefs include news on Tennessee Valley Authority, Xcel Energy, AEP, FirstEnergy, Dominion, PSEG and NextEra.
News briefs on companies doing business with RTOs. This week we include Ameren, NextEra, Xcel, Calpine, Exelon, PPL, NRG, PSEG, Dynegy and AEP.
AEP reported fourth-quarter earnings of $191 million ($0.39/share), compared with $346 million ($0.71/share) for the same period last year.
A round-up of news from the PJM Transmission Expansion Advisory Committee (PJM TEAC) on Feb. 12, 2015.
Powhatan Energy Fund’s trading scheme cost more than 20 PJM market participants at least $100,000 each, with Exelon, AEP and Dominion each losing more than $1 million, according to an RTO analysis released by FERC.
AEP has hired investment bank Goldman Sachs to investigate the sale of its merchant generation fleet in Ohio and Indiana, both coal- and natural gas-fired.
News briefs on companies doing business with RTOs. This week we include Xcel, PSEG, Entergy, UGI, AEP, FirstEnergy and Duke.
The EPA last week issued the first-ever federal regulations on the handling and storage of coal ash, pleasing utilities and disappointing environmentalists by declining to classify the material as hazardous waste.
FERC upheld its 2011 rate order for the RITELine transmission project over the opposition of Commissioner Philip Moeller, who opposed the panel’s decision to reduce an incentive adder for risks.
AEP went before PUCO in a rare oral argument to support its request for a power purchase agreement for the Kyger Creek power plant.
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