AEP

Dynegy Inc.’s pending merger with Vistra Energy will create a company of a significant diversification and scale designed to weather volatile markets. Over the past year, at least eight other major power companies have embarked on various strategies to guard against distress in unregulated markets. Duke Energy. Three years ago, Duke Energy announced it would move away from organized […]

American Electric Power (AEP) has sold four competitive natural gas and coal power plants‚ a total of 5.2 GW, and plans to invest the proceeds from the sale in its regulated business. AEP completed the sale of the plants to Lightstone Generation LLC, a joint venture of Blackstone and an affiliate of ArcLight Capital Partners […]

An incident at J.M. Stuart Station—a 2,318-MW coal and diesel generating facility operated by Dayton Power and Light Co. (DP&L)—resulted in six people being treated for non-life-threatening injuries. Several media outlets referred to the event as an explosion, citing nearby residents’ accounts of the incident. At least a few people said they heard and felt […]

GAHANNA, Ohio, Dec. 16, 2016 – AEP Ohio, a unit of American Electric Power (NYSE: AEP), today issued two separate Requests for Proposal (RFPs) for wind and solar energy generation resources in Ohio. AEP Ohio is seeking proposals for up to 250 megawatts (MW) of wind energy resources and separate proposals for up to 100 […]

In an effort to become a fully regulated power company, American Electric Power (AEP) has agreed to sell four Midwestern power plants—representing a total of 5.2 GW—to a newly formed joint venture of Blackstone and ArcLight Capital Partners for about $2.17 billion.  AEP will sell: the 1,186-MW natural gas–fired Lawrenceburg Generating Station in Lawrenceburg, Ind. […]

September 13, 2016 10:00 AM Eastern Daylight Time HERNDON, Va.–(BUSINESS WIRE)–Greensmith Energy, one of the largest providers of energy storage software and integration services, announced today that American Electric Power (NYSE: AEP) has selected Greensmith as the software provider for a 2 megawatt/14 megawatt hour energy storage system in West Virginia. For the last five years, this […]

The downturn in the U.S. coal industry isn’t just hurting coal mining and coal-heavy power companies; it’s also having a devastating effect on the groups formed to help promote the industry—coal lobbyists. Three of the most prominent coal lobbying groups have seen high-profile supporters drop off of their membership lists in recent years, and with […]

FirstEnergy Corp. will sell or deactivate 856 MW of coal-fired generation to reduce fleet operating costs. The company announced on July 22 that it plans to sell or deactivate the 136-MW Bay Shore Unit 1 in Oregon, Ohio, by October 2020. In addition, Units 1–4 (totaling 720 MW of capacity) at the company’s seven-unit W.H. […]

Indiana Michigan Power—a subsidiary of American Electric Power (AEP)—reported that Unit 2 of its Donald C. Cook Nuclear Plant in Bridgman, Mich., was forced offline on July 6 due to an expansion joint bellows rupture on the unit’s moisture separator reheater. Although no one was in the area at the time and there were no […]

2016 EEI Edison Award winners are AEP and AES