Oklahoma Coal Plant Sets Closing Date After Losing PPA

An executive with the AES Shady Point coal-fired power plant in Oklahoma said the facility could close as soon as January after being notified its power purchase agreement (PPA) will not be extended. Oklahoma Gas & Electric Co. (OG&E) this month said it will not execute another five-year extension of a PPA between the two […]

The post Oklahoma Coal Plant Sets Closing Date After Losing PPA appeared first on POWER Magazine.

Read more

Losing Regulatory Approval Gamble, AEP Scraps $4.5B Wind Project

American Electric Power (AEP) has abandoned its mammoth $4.5 billion Wind Catcher project, one of its largest planned investments, and a key part of its strategy to tamp down carbon emissions by 2030. Under AEP subsidiary Southwestern Electric Power Co. (SWEPCO)’s proposed Wind Catcher project, AEP would have acquired a 2-GW wind farm—under construction in […]

The post Losing Regulatory Approval Gamble, AEP Scraps $4.5B Wind Project appeared first on POWER Magazine.

Read more