Aep

FERC has stepped in to block a pair of controversial Ohio power purchase agreements (PPA) designed to keep currently uneconomic coal and nuclear generating units owned by FirstEnergy Corp. and American Electric Power Co. (AEP) in operation.

Dynegy Inc. on Tuesday again lashed out at American Electric Power Co. and FirstEnergy Corp.’s proposed power purchase agreements with Ohio regulators, offering an alternative and saying it could save the state’s consumers billions of dollars by providing power at lower costs and building more natural gas-fired power plants.

In a skirmish between a power generator looking to cover its intermittent service needs and a natural gas pipeline company attempting to switch some underutilized pipe to liquids service, American Electric Power Service Corp. (AEP) has told FERC it has “serious concerns” about a Texas Gas Transmission proposal to abandon portions of its Eunice, LA-to-Hardinsburg, KY, pipeline.