Houston — Texas manufacturing and service sector survey indexes this week show sharp decreases in production, sales and employment for the second month in a row, which industry observers see as evidence that this summer’s power prices may be suppressed by the pandemic’s lingering economic effects.
The Federal Reserve Bank of Dallas’ latest Texas Manufacturing Outlook Survey’s seasonally adjusted current production index – the percentage of respondents reporting …
Houston — Southwestern Electric Power, an AEP utility subsidiary based in Shreveport, Louisiana, is waiting for a Public Utility Commission of Texas approval of a 1,485-MW regulated wind project that it says it doesn’t absolutely need for the long-anticipated project to proceed.
SWEPCO is working with sister and neighboring AEP subsidiary utility, Public Service Company of Oklahoma, on a three wind farm project from which they would sell wind power to customers. SWEPCO’s share of the wind power—810 MW—would be sold to …