AEP – Thinking Port

Cybersecurity: Power Industry–Led Vendor Software Assurance Inventory Launched

February 9, 2023 admin AEP, bps, Business, cisa, Cybersecurity, fortress, full coverage, iiot cyber, iiot oil & gas, iiot power, Management, nerc, news, nist, sbom, Security, software bill of materials, supply chain, supply chains, utilities

Credit to Author: Sonal Patel| Date: Thu, 09 Feb 2023 16:14:35 +0000

Several major power companies have launched a software assurance database that will serve as a software bill of materials (SBOM) repository for the power industry. Part of a long-sought solution to address a critical supply chain cybersecurity risk, the collaborative effort announced on Feb. 8 seeks to help vendors identify and remediate vulnerabilities in software […]

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Cybersecurity: Power Industry–Led Vendor Software Assurance Inventory Launched

Credit to Author: Sonal Patel| Date: Thu, 09 Feb 2023 16:14:35 +0000

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AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head

August 12, 2022 admin AEP, Business, CEO, climate change, Coal, energy transition, Environmental, full coverage, Management, net-zero, news, power generation, trends, utility

Credit to Author: Sonal Patel| Date: Fri, 12 Aug 2022 16:33:38 +0000

American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]

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New Life for Dead and Dying Coal Plants?

June 1, 2022 admin AEP, Business, climate change, Coal, coal plant closings, coal plants, enel, engineering, EPRI, Fuel, full coverage, Markets, news, Nuclear, pratt street power plant, Technology

Credit to Author: Kennedy Maize| Date: Wed, 01 Jun 2022 04:09:00 +0000

As coal plants are retired, power companies must decide what to do with sites. Some old plants have been added to the National Register of Historic Places and repurposed as commercial or office space, while

The post New Life for Dead and Dying Coal Plants? appeared first on POWER Magazine.

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Indiana Utility Will Close Coal-Fired Units Early

December 10, 2019 admin AEP, aes, Business, Coal, duke energy, Energy Storage, Gas, indianapolis power & light, natural gas, news, pollution, Renewables, Sierra Club, vectren

Credit to Author: Darrell Proctor| Date: Tue, 10 Dec 2019 18:33:22 +0000

The post Indiana Utility Will Close Coal-Fired Units Early appeared first on POWER Magazine.

Indianapolis Power & Light (IPL) on Dec. 9 announced it will close two of the four coal-fired units at its Petersburg Generating Station in southern Indiana, as the utility continues to move away from coal generation. IPL has been pressured by state political leaders and environmentalists to close the 1,700-MW Petersburg facility, the largest power […]

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Decarbonization: Utilities Leading the Way

December 4, 2019 admin AEP, american electric power, Business, carbon-free energy, climate change, Coal, decarbonization, duke energy, Environmental, news, Nuclear, renewable energy, Renewables, Solar, Wind, xcel energy

Credit to Author: POWER| Date: Mon, 02 Dec 2019 05:00:00 +0000

The post Decarbonization: Utilities Leading the Way appeared first on POWER Magazine.

Decarbonization is a word that seems to be used quite regularly these days. For the power industry, it refers to the shift in electric generating resources from carbon-heavy coal to carbon-free nuclear or

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NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory

September 26, 2019 admin 1.5-degree, AEP, Business, ceres, climate change, climate goals, climate risks, Coal, duke energy, Environmental, Gas, International, Markets, news, Paris, Renewables, science-based climate targets

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 13:11:45 +0000

The post NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory appeared first on POWER Magazine.

NRG Energy has joined a growing list of major U.S. coal generators that want to achieve net-zero greenhouse gas (GHG) emissions by 2050. The Princeton, New Jersey-based energy company on Sept. 24 said it would accelerate carbon goals it set in 2014 to reach its 50% GHG reduction target (from a 2014 baseline) by 2025—not […]

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Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050

September 19, 2019 admin AEP, carbon dioxide, ceres, climate change, Coal, dan bakal, decarbonization, duke, emissions, Environmental, Gas, Markets, net-zero, news, Nuclear, opportunity, Paris, Renewables, risks

Credit to Author: Sonal Patel| Date: Thu, 19 Sep 2019 14:11:08 +0000

The post Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050 appeared first on POWER Magazine.

Two formidable U.S. coal power generators this week separately revised their their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but […]

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Power Sector CEOs Join Top Execs in Redefining Corporate Purpose

August 22, 2019 admin AEP, Business, business roundtable, captial, ceos, climate change, duke energy, Environmental, investors, Markets, news, NRG, shareholders, Southern Co.

Credit to Author: Sonal Patel| Date: Thu, 22 Aug 2019 13:36:50 +0000

The list of 181 CEOs who earlier this week moved to publicly degrade shareholder value in a bid to redefine the “purpose of a corporation” includes several chief executives from power companies. The Aug. 19 statement issued by the Business Roundtable, an association of CEOs “to promote a thriving U.S. economy and expanded opportunity for […]

The post Power Sector CEOs Join Top Execs in Redefining Corporate Purpose appeared first on POWER Magazine.

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AEP Will Close 1,300-MW Indiana Coal Unit

July 18, 2019 admin AEP, american electric power, Coal, EIA, emissions, EPA, indiana michigan power, Legal & Regulatory, news, rockport power plant, u.s. district court

Credit to Author: Darrell Proctor| Date: Thu, 18 Jul 2019 19:31:07 +0000

A federal judge in Ohio on July 18 approved American Electric Power’s (AEP’s) plan to close Unit 1 of its two-unit, 2,600-MW coal-fired Rockport Plant in Indiana. The modified consent decree approved by the U.S. District Court for the Southern District of Ohio on Thursday is the latest chapter in a long-running dispute among AEP, […]

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