Library from Oklahoma

AEP cancels Wind Catcher Project

Company remains focused on 5-7 percent earnings growth through investments to improve service for customers COLUMBUS, Ohio – American Electric Power (NYSE: AEP) is canceling the Wind Catcher project as a result of the Public Utility Commission of Texas’ July 26 decision to deny approval of the project. The project had been approved by the Arkansas Public Service Commission, Louisiana Public Service Commission and Federal Energy Regulatory Commission. A decision was pending at the Oklahoma Corporation Commission.
27 Jul 2018

AEP getting anxious over delays in $4.5B Wind Catcher project, earnings call shows

AEP's original schedule called for the need to order the longest-lead-time equipment by Aug. 6. Through some negotiations, it has been able to delay those orders until the end of August, but the company can't afford to delay much longer, AEP CFO Brian Tierney told investors. It needs to make its timetables in order for developer Invenergy LLC to complete the wind farm by 2020.
25 Jul 2018

Transmission line is 'game changer' for AEP's $4.5B Wind Catcher, Texas PUC chair says

The 2,000 MW Wind Catcher Energy Connection project proposed by SWEPCO, a subsidiary of American Electric Power, came under scrutiny from the PUCT earlier this week as the regulators questioned the prudence of putting such a large investment on ratepayers, particularly with the inclusion of a $1.6 billion transmission line to move the energy from the wind farm.
18 Jul 2018

Texas Regulators Fear Customer Risk from Wind Catcher

Regulators threw a wrench in American Electric Power’s massive Wind Catcher Energy Connection on Thursday, expressing concerns over whether the company will protect ratepayers from the project’s risks. ...“I’m going to be upfront with you,” [Public Utility Commission Chair DeAnn] Walker said ...“At this point, I can’t approve the [project].” Walker said she would need additional consumer protections from SWEPCO, which would own 70% of the $4.5 billion project.
15 Jul 2018

Louisiana utility regulators approve wind farm project

“I am all for adding clean, renewable power generation to our power grid, but the project has to serve a need, and it has to make sense financially,” Greene said. “I could not vote to have SWEPCO customers finance an unneeded generation project that might only save them money if the price of natural gas increases significantly."
21 Jun 2018

Bixby City Council votes to hire lawyers to fight Wind Catcher transmission lines

I’m not opposed to wind energy, but I can tell you I am opposed to this line,” said Bixby Mayor John Easton. “I really am opposed to how PSO has represented itself to the city of Bixby. “No one on this council had any idea about this line, at all, until the meeting in May in Glenpool, on the night of a City Council meeting when none of us could attend. This is why we are going to the Corporation Commission to ask them to, please, represent us.”
19 Jun 2018

Wind Catcher line draws opposition in Bixby as project gains corporate support

A decision on the project’s cost-recovery plan is pending before the Corporation Commission, which last held a hearing on the subject March 14. ...Bixby Mayor John Easton told the PSO representatives that the southern route plan would cripple city expansion to the south. “You’re pulling the rug out from underneath the future of this city,” he said.
1 Jun 2018

http://www.windaction.org/posts?location=Oklahoma&p=2
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