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Public Service Company of Oklahoma Completes Acquisition of Green Country Power Plant

LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.

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Alliant Energy Submits Plans to Iowa Utilities Commission for the Addition of 1,000 MW of Wind Capacity

LCG, July 2, 2025--Alliant Energy today announced plans to add up to 1,000 MW of wind energy generating capacity in Iowa to meet demand and ensure reliable, affordable energy for its customers. The plans are included in a filing with the Iowa Utilities Commission (IUC), and the company anticipates a decision from the IUC in the first quarter of 2026.

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Industry News

TXU Assesses Impact of UK Green Energy Regulations

LCG, Feb. 14, 2002--TXU Europe estimates that the first year of a UK plan to increase renewable generation as a percentage of overall electric power supplies will raise its costs by 20 million pounds ($28.56 million).

The government issued a plan on Thursday that would require power sellers to obtain three percent of their sales from renewable sources. Ashley Turner, the company's sustainable energy portfolio manager, said that increased costs would be added to customer bills to some extent, but that efforts would be made to limit such increases. As to how much of the requirement TXU Europe will meet through its own generation assets, Turner said, "we are expecting to cover about 50 percent (of the obligation) so our buy-out cost would be roughly halved."

TXU's renewable generation quota would amount to roughly 1.6 terawatt hours. The company would pay 42 million pounds ($60 million) in penalties if it sold no renewable power whatsoever. By 2011, the government's plan would require companies to supply 10.4 percent of sales from renewables.

The company plans to aid green power developers in financing projects, but will not be a developer itself. It will utilize internal risk-management expertise to manage price risk from wind farm installations, which do not generate consistently at a given output level.
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