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

Appalachian Power plans 1 gigawatt wind and/or 100 megawatts solar US operator Appalachian Power has issued a request for proposals (RFP) for up to 1000MW of wind and/or 100MW of solar generation resources with optional battery energy-storage systems. The proposals will help the company, a subsidiary of American Electric Power, meet the renewable energy requirements established by Virginia’s Clean Economy Act (VCEA).   Under the […]

January 19, 2022 Read More →

Largest U.S. wind farm close to completion in western Oklahoma

KGOU: The nation’s largest wind energy project located in western Oklahoma is nearing completion. The 999-Megawatt Traverse Wind Energy Center is expected to commence operation sometime in April. Sustainable energy company Invenergy secured financing for the project in March of last year — now it’s getting ready to flip the switch. The Traverse project is […]

January 13, 2022 Read More →

Appalachian Power asks for approval for 500 megawatts of renewables US utility Appalachian Power is seeking approval for almost 500MW of clean power over the next three years as part of its long-range plan to meet the renewable energy targets established by the Virginia Clean Economy Act (VCEA). Appalachian Power, which is part of American Electric Power, is looking to acquire or contract 294MW […]

January 5, 2022 Read More →

AEP to shut down 2,600-megawatt Indiana coal plant by end of 2028

S&P Capital IQ ($): American Electric Power Co. Inc. will shut down both units at the 2,600-MW Rockport coal-fired plant in Indiana by the end of 2028 after regulators approved a settlement agreement with several parties, including consumer and environmental advocates. AEP utility Indiana Michigan Power Co. and wholesale subsidiary AEP Generating Co. agreed to […]

December 14, 2021 Read More →

Ohio board approves 593 megawatts of capacity at four solar plants

S&P Capital IQ ($): The Ohio Power Siting Board on Nov. 18 approved separate applications to construct four solar projects with a combined capacity of 593 MW. The projects include Invenergy LLC’s 275-MW Cadence Solar Energy Center in Union County, National Grid PLC’s 117-MW Sycamore Creek Solar Project in Wood County and 7X Energy Inc.’s […]

November 22, 2021 Read More →

American Electric Power on track to one-half renewables by 2030

The Columbus Dispatch: American Electric Power, one of the nation’s biggest power generators, says it remains on track to get half of the electricity it produces from renewable sources by 2030 as it continues to move away from coal. Columbus-based AEP also says it remains on track to reduce its emissions of carbon dioxide by […]

November 9, 2021 Read More →

Coal-fired Louisiana power plant slated to close five years early

Argus Media: Cleco and US power producer American Electric Power (AEP) subsidiary Southwestern Electric Power (SWEPCO) will retire the Dolet Hills coal-fired power plant in Louisiana at the end of this year, five years ahead of schedule. Cleco and SWEPCO expect to retire Dolet Hills on 31 December as part of their efforts to reduce […]

November 2, 2021 Read More →

AEP announces sale of Kentucky operations, will invest in clean energy

S&P Capital IQ ($): American Electric Power Co. Inc. on Oct. 26 announced it has agreed to sell its Kentucky operations to Algonquin Power & Utilities Corp.’s Liberty Utilities Co. subsidiary in a deal with a $2.85 billion enterprise value. Under the deal, AEP will offload its Kentucky Power Co. regulated utility and its AEP […]

October 27, 2021 Read More →

Construction begins on 1.6 gigawatt solar farm in Indiana—largest in U.S. Israel-based Doral Renewables LLC has broken ground on the first phase of a $1.5 billion solar farm in Starke and Pulaski counties. The developer says the 1.65 gigawatt Mammoth Solar project will create 50 full-time jobs by 2023 and ultimately generate enough clean energy to power 175,000 homes in Indiana and Illinois. The first […]

October 15, 2021 Read More →

Ohio utility regulators edited audit to support taxpayer coal bailout

Ohio Capital Journal: Documents show state utility regulators sought edits to draft versions of an audit they commissioned, prompting the removal of declarations that a ratepayer-funded bailout of two uneconomic coal plants was a bad deal for Ohio electric customers. Staff at the Public Utilities Commission of Ohio, which sets customers’ water and electric rates, […]

October 7, 2021 Read More →