AEP

IEEFA Research

In Ohio, AEP and FirstEnergy Adopt an Audacious Strategy That Could Cost Ratepayers Dearly

In Ohio, AEP and FirstEnergy Adopt an Audacious Strategy That Could Cost Ratepayers Dearly

A Model First Established in West Virginia Is Being Pushed Now in the Buckeye State

We’ve posted a research note today that explains how reregulation schemes in Ohio by FirstEnergy and AEP bear a striking resemblance to one approved in West Virginia that resulted in a recent push to raise electricity rates by 12.5 percent. The gist of our memo, “West Virginia Bailout Emboldens FirstEnergy and AEP in Ohio,” is […]

October 21, 2015 Read More →
Report: Mountain State Maneuver: AEP and FirstEnergy try to stick ratepayers with risky coal plants

Report: Mountain State Maneuver: AEP and FirstEnergy try to stick ratepayers with risky coal plants

Mountain State Maneuver: AEP and FirstEnergy try to stick ratepayers with risky coal plants (pdf)      

July 30, 2013 Read More →

More News and Commentary

IEEFA Update: Something in the Wind

U.S. Nuclear Industry Reconsiders Expansion; Utility Exec Sees Less Risk in Turbine Farm Than Coal; Keystone XL Doesn’t Pencil Out Anymore

It’s de rigueur anymore for energy companies across the board to play up their clean-energy commitments—actual or just advertised—but executives at American Electric Power put some of their money where their mouths were in announcing intentions last week to invest $4.5 billion in the new Wind Catcher farm in Oklahoma. AEP’s logic is rooted in […]

August 4, 2017 Read More →

In $4.5 Billion Wind Project, U.S. Utility Exec Sees a Better Risk Profile Than in Coal

Columbus Business First: American Electric Power Company Inc. is spending big on the largest single-site wind farm in America. The project holds risk, which the Columbus electric utility spent a year analyzing. The risks associated with spending $4.5 billion on the 800-turbine Oklahoma project are still less than those associated with building traditional power plants, […]

August 3, 2017 Read More →
IEEFA Update: The Coal ‘Comeback’ of 2017

IEEFA Update: The Coal ‘Comeback’ of 2017

The Second-Worst Production Performance in at Least 30 Years Isn’t Much of a Bounce

The U.S. coal industry is making a comeback. So goes the story being spun lately by the industry itself, even if the facts of the matter suggest something else. The coal industry points, among other statistical threads, to the latest Short-Term Energy Outlook from the Energy Information Administration, released July 11, as a harbinger of […]

July 28, 2017 Read More →

In $4.5 Billion Wind-Farm Deal, AEP Joins Trend Taking Hold Across U.S. Utility Sector

Bloomberg: There’s a new model emerging for growth-starved utilities looking to profit from America’s solar and wind power boom. American Electric Power Co. is using it for a $4.5 billion deal that’ll land the U.S. utility owner a massive wind farm in Oklahoma and a high-voltage transmission line to deliver the power. NextEra Energy Inc.’s […]

July 27, 2017 Read More →

On the Blogs: A ‘Growing Class of Energy Business CEOs’ Tout Aggressive Expansion Into Renewables

RenewableEnergyWorld.com: Across the nation, smart business leaders are doubling down on wind power because new business realities are driving an energy marketplace that is more diversified and flexible. Clean power sources, such as wind, solar and natural gas, are now customers’ preferred energy choices. And this new energy mix is actually improving America’s grid, adding […]

July 21, 2017 Read More →

Proposed Bailout of Two Power Plants in Ohio Loses Momentum

Columbus Dispatch: A proposal to subsidize two coal-fired power plants is no longer on a fast track and might not pass at all. This is a shift from last month, when House Bill 239 seemed to be moving quickly toward becoming law, despite opposition from consumer and environmental groups. The Ohio House Public Utilities Committee […]

June 21, 2017 Read More →

A Fresh Push by Ohio Utilities Seeking Bailouts for Old Power Plants

Cleveland Plain Dealer: A power struggle has erupted in the Statehouse pitting Ohio’s traditional electric utilities against new independent power producers, as well as consumer, environmental and business groups wary of rate increases. The outcome will have an impact not only on what consumers will pay for power in the future, but also on the […]

June 19, 2017 Read More →

U.S. Utility Giant AEP Sees Too Much Risk in Coal-Fired Generation

Green Tech Media: Coal’s market share is changing for several reasons, AEP President and CEO Nicholas Akins told NPR this weekend. “Our investors certainly expect us to really focus on sustainability and de-risk our business,” he said. “So we continue to focus on that. Secondly, from a customer standpoint, there’s an expectation that we move […]

June 6, 2017 Read More →

How Ohio Utilities Perpetuate Their Failing Business Models

Midwest Energy News: With Ohio’s energy and energy efficiency standards again under attack, a new policy paper from Ohio State University attributes the lion’s share of electricity cost increases since 2008 to utilities and provisions that insulate them from full competition. None of Ohio’s transmission and distribution utilities have moved to the Market Rate Offers […]

March 14, 2017 Read More →

Ohio Energy Decisions ‘at a Boiling Point’

By Andy Chow for WOSU: Ohio’s largest energy companies are trying to figure out what they’re going to do with their coal power plants as they navigate through a vital time in the utilities industry. For the final installment of his three-part series, Statehouse correspondent Andy Chow explores the different paths those utilities can take […]

May 19, 2016 Read More →