|
|
|
|
Settlement Would Allow Utility To Develop Renewable Generation, Enter Contract With Retail Customer For Such Generation
A settlement signed by numerous parties in AEP Ohio's electric security plan proceeding would affirm AEP Ohio's authorization, from a prior PUCO order, to develop new renewable generation, but would add the ability for AEP Ohio to enter into a contract (known as a reasonable arrangement) with a retail customer for such new generation
Specifically, the stipulation would allow AEP Ohio to seek PUCO approval for reasonable arrangement(s) under R.C. 4905.31 as follows. For a renewable project owned by an AEP affiliate or other non-affiliate entity and operated by AEP Ohio (through a long-term PPA by AEP Ohio under a 900 MW commitment established under a prior case), AEP Ohio may propose that some or all of the project's output be purchased through a bilateral contract with a retail customer conditioned upon approval by the Commission as a reasonable arrangement under R.C. 4905.31.
Prior to becoming effective, such a reasonable arrangement proposal must be approved by the Commission under R.C. 4905.31. If approved, the resulting revenues from such reasonable arrangement(s) will be credited against the cost for recovery in lieu of revenues being applied if the output were liquidated in the wholesale market, as would be the case for other renewable projects developed under this provision that are not subject to a reasonable arrangement
The settlement was signed by, among other parties, PUCO Staff, AEP Ohio, the Retail Energy Supply Association, IGS Energy, Ohio Partners for Affordable Energy, and several manufacturing groups
ADVERTISEMENT Copyright 2010-16 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
August 28, 2017
Email This Story
Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Branch Manager -- Energy Sales -- DFW
• NEW! -- Sales & Marketing Manager -- Retail Supplier
• NEW! -- Branch Manager -- Energy Sales -- Ohio/Columbus
• NEW! -- Manager/Director, Regulatory Compliance -- Retail Supplier -- Houston
• NEW! -- Senior Energy Advisor
• NEW! -- Branch Manager -- Energy Sales
• NEW! -- Energy Advisor
• NEW! -- Director of Supply -- Retail Supplier -- Houston
• NEW! -- Operations Manager -- Retail Supplier
• NEW! -- Indirect Sales Manager -- Retail Supplier -- DFW
• NEW! -- Manager, Supply & Pricing -- Retail Supplier -- Houston
• NEW! -- EDI Transactions Manager -- Retail Supplier -- Houston
• NEW! -- Senior Pricing & Structuring Analyst -- Retail Supplier -- Houston
• NEW! -- Manager, Billing -- Retail Supplier -- Houston
• NEW! -- Pricing Analyst -- Retail Supplier -- Houston
• NEW! -- Operations Supervisor -- Retail Supplier -- Houston
|
|
|