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April 16, 2024

Kentucky Power

Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC Grants AEP Utilities Waiver of Capacity Obligation
FERC granted American Electric Power waivers to alter the capacity obligation calculation for four of its vertically integrated utilities in PJM to not include load growth outside their territories.
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.
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.
© 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.
Kentucky Power
AEP Accepts Lower Price for Kentucky Operations Sale
AEP and Liberty Utilities have struck an amended sale agreement that cuts the price of AEP Kentucky operations by $200 million and extends the deal's timeline.
Independence Demolition
PSC OKs Sale of AEP’s Kentucky Operations to Liberty Utilities
Kentucky regulators approved Liberty Utilities’ $2.8 billion acquisition of American Electric Power’s Kentucky operations while including multiple customer protections.
AEP
AEP to Sell Kentucky Operations to Algonquin
AEP said it has entered into an agreement to sell Kentucky Power to Algonquin Power & Utilities' Liberty Utilities for $2.85 billion.
FERC
FERC Urged to Embrace Carbon Pricing
Most panelists urged FERC to support state and RTO efforts to introduce carbon pricing during a daylong technical conference.
PJM
Ky. Rejects AEP Supplemental Tx Project
The Kentucky PSC rejected Kentucky Power's supplemental transmission project to make upgrades at two of its substations, citing FERC's ruling on PJM's stakeholder processes.
NERC
State Briefs
State briefs from around PJM's territory. Included this week are Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, and West Virginia.

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