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Pacific Power Selects Four Wind Projects to Drive Wind Power Expansion by 2020

LCG, February 23, 2018--Pacific Power announced earlier this week that it has selected four new wind projects to move towards achieving the company's Energy Vision 2020 initiative. The four wind projects are expected to provide 1,311 MW of new installed electric generating capacity at a cost of approximately $1.5 billion. The four projects will expand the company's owned and contracted wind power by more than 60 percent.

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AEP's 2,000-MW Wind Catcher Project Faces Challenge at Oklahoma Corporation Commission

LCG, February 14, 2018--An Oklahoma Corporation Commission (OCC) administrative law judge on Monday recommended against preapproval of Public Service Co. of Oklahoma's request to to charge its ratepayers to support partial ownership of the 2,000-MW Wind Catcher project and to use some of the electricity generated by the project. The utility, a subsidiary of of American Electric Power (AEP), is requesting authorization to recover estimated costs of about $1.36 billion to become part-owner of the Wind Catcher project and to construct a 765-kV transmission line to deliver electricity to a Public Service Co. of Oklahoma (PSO) substation north of Tulsa.

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Industry News

AEP Announces $4.5 Billion Investment In Wind Catcher Energy Connection

LCG, July 28, 2017--American Electric Power (AEP) yesterday announced a major clean energy project, Wind Catcher Energy Connection, that would provide new wind energy to its customers in Arkansas, Louisiana, Oklahoma and Texas.

The Wind Catcher project developer is Invenergy. The project is located in the Oklahoma panhandle and will include 800 GE 2.5-MW turbines. Construction began in 2016, and the project is expected to be fully operational in mid-2020. Invenergy is contracted to operate the facility for the first five years. Once completed, the project is expected to be the largest, single-site wind project in the United States.

AEP's utility subsidiaries Public Service Company of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) will file July 31 with regulators in Arkansas, Louisiana, Oklahoma and Texas plans to purchase the 2,000-MW wind farm and to build an approximately 350-mile, dedicated, extra-high voltage electric transmission line to deliver the renewable energy to customers.

AEP's announcement estimates the total investment for the project will be $4.5 billion, inclusive of all costs. AEP expects the project to save SWEPCO and PSO customers more than $7 billion, net of cost, over 25 years.

AEP's chairman, president and chief executive officer stated, "AEP is moving to a cleaner energy future, driven by new technologies and the expectations of our customers and shareholders. We are diversifying our generation mix to include more renewables, and we're also investing in a smarter, more efficient and resilient electricity grid to support these new resources and technologies. This project is consistent with our strategy of investing in the energy resources of the future, and it will save our customers money while providing economic benefits to communities."

SWEPCO will own 70 percent of the project, including 1,400 MW of wind. PSO will own 30 percent of the project, including 600 MW of wind. The project is subject to regulatory approvals in Arkansas, Louisiana, Oklahoma and Texas, along with the Federal Energy Regulatory Commission (FERC).
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