Columbus-based AEP is one of the country's biggest electric providers
AEP / Coal / Energy / FirstEnergy

With AEP deal, private equity continues gobbling up utility plants

Blackstone and ArcLight’s purchase of four midwestern power plants from AEP is just the latest in a recent trend NEW YORK, NY — “Private equity has become the go-to buyer for power plants. Most recently American Electric Power agreed to sell four plants totaling 5,200 MW to a joint venture […]

Ohio’s energy future cloudy at best, storms likely
AEP / Energy / FirstEnergy / Freeze on Clean Energy

Ohio’s energy future cloudy at best, storms likely

AKRON — “The uncertain future of the state’s energy laws and policies hung over the 11th annual Energy Management Conference Tuesday like an approaching  storm. Conflicting presentations made it clear that lawmakers, utilities and regulators themselves sense that changes — or at least proposals for changes —  are likely to […]

AEP reaches agreement to sell four power plants
AEP / Coal

AEP reaches agreement to sell four power plants

COLUMBUS — “American Electric Power has signed an agreement to sell four power plants, three of which are in Ohio, to a joint venture of private-equity firms. Columbus-based AEP announced the $2.17 billion deal this morning. The buyers are Blackstone and Arclight Capital Partners. The plants involved are: James M. […]

The Davis Besse nuclear plant is among those covered by a proposed FirstEnergy settlement. 
Photo by Marc Haserodt / Creative Commons
AEP / Coal / Energy / FirstEnergy

Report: ‘Around market’ moves by Ohio utilities are part of larger trend

COLUMBUS — “Efforts by Ohio utilities to guarantee income for affiliated coal and nuclear operations are part of a broader trend, according to a new report by legal analysts. Starting in 2014, FirstEnergy, American Electric Power (AEP) and other companies sought to impose added fees on all customers of their […]

Julie Sloat, president of American Electric Power.
AEP / Energy / FirstEnergy

AEP still working on Ohio restructuring, needs FirstEnergy’s help

COLUMBUS — “AEP Ohio continues to hold discussions with legislators and stakeholders around its restructuring (don’t call it re-regulation) of Ohio’s electricity market, but it’s still working on garnering support from the state’s other utilities. The electric utility in July said it wants to know by the first quarter of […]

‘Big Muskie,’ the largest single-bucket digging machine ever built, could move 220-cubic yards of earth in the strip mining operation. Photo by The Blade / Matt Markey

State could add vast reclaimed strip mine area to ODNR system

ENO— “When the coal removal work came to a close in 2001, some 110 million tons of the mineral had been removed, and 2 billion cubic yards of earth had been stripped away to expose those veins of coal. But reclamation efforts in this region in southeastern Ohio, required under […]

The AEP building in Columbus.
AEP / Energy

Ohio utility seeks to double its fixed distribution charges

COLUMBUS— “In response to an increasing number of customers installing solar power or opting for energy efficiency measures, American Electric Power has asked Ohio regulators to increase the share of distribution charges that all its utility customers must pay, regardless of how much electricity they use. AEP Ohio has seen […]

American Electric Power is currently allowed to cover its fuel costs through a charge to Ohio customers that changes every three months.
AEP / Coal

AEP will sell plants if action not taken by state

COLUMBUS — “American Electric Power would like Ohio elected officials to make some big changes to the structure of the electricity market, and quickly. The top executive for the Columbus-based utility said Thursday that the company will wait until about March to see if changes are made to Ohio’s system. […]

Photo by Friscocali / Creative Commons
AEP / Coal

AEP to pursue partial restructuring of Ohio’s energy market

COLUMBUS — “American Electric Power Company Inc. is going after a partial restructuring, not full re-regulation, of Ohio’s energy market, its top executive said Thursday. The timeline for the restructuring at the Ohio Statehouse is admittedly aggressive. CEO Nick Akins said stakeholders, including lawmakers and other power generators, are now […]

Consumer groups maintain rate increase cases and power purchase agreements filed by the utilities are muddying the waters of Ohio's energy market.
AEP / Dayton Power & Light / Energy

Eyeing FERC end-run, Ohio utilities keep pressing state regulators to support old plants

Dayton Power & Light joined AEP and FirstEnergy in asking regulators to approve bill riders to keep aging coal and nuclear generation online COLUMBUS — “Ohio utilities are undeterred by federal regulators’ decision in April to block affiliate power purchase agreements that would have supported older coal and nuclear generation. […]