It looks like the love affair between AEP and the former Allegheny Energy may be over. Our star-crossed lovers have now begun to attack each other. What's going to be left when they're done rolling around on the floor and pulling each other's hair?
The latest volley was lobbed by AEP on Monday, when they petitioned to intervene out of time in the TrAIL abandonment case at FERC. However, this was only the latest provocation in an escalating battle.
On February 25, the FirstEnergy/Allegheny Energy merger was finalized. Allegheny Energy found themselves a new sugar daddy and cuckolded AEP.
On February 28, PJM announced that they were "suspending" the PATH project. Word is that FirstEnergy wasn't interested in taking on any red-headed stepchildren like the PATH project. At that time, AEP's CEO reacted by whining, "We remain convinced that the project will be needed and plan to move forward with it when PJM completes its review."
On April 21, AEP's CEO threatened to, "move forward on that project, with or without our current partners."
Meow!
It was really only a matter of time. Despite their "good buddy" public faces, these energy corporations are competitors and will gladly stab each other in the back when it suits their purposes. It's all about the money! Remember what happened when Dominion got interested in offshore wind and proposed four alternatives to the PATH project last year?
Fight on, fellas! We'll be sitting here making like the Byzantines. Because we're smarter than you.
The latest volley was lobbed by AEP on Monday, when they petitioned to intervene out of time in the TrAIL abandonment case at FERC. However, this was only the latest provocation in an escalating battle.
On February 25, the FirstEnergy/Allegheny Energy merger was finalized. Allegheny Energy found themselves a new sugar daddy and cuckolded AEP.
On February 28, PJM announced that they were "suspending" the PATH project. Word is that FirstEnergy wasn't interested in taking on any red-headed stepchildren like the PATH project. At that time, AEP's CEO reacted by whining, "We remain convinced that the project will be needed and plan to move forward with it when PJM completes its review."
On April 21, AEP's CEO threatened to, "move forward on that project, with or without our current partners."
Meow!
It was really only a matter of time. Despite their "good buddy" public faces, these energy corporations are competitors and will gladly stab each other in the back when it suits their purposes. It's all about the money! Remember what happened when Dominion got interested in offshore wind and proposed four alternatives to the PATH project last year?
Fight on, fellas! We'll be sitting here making like the Byzantines. Because we're smarter than you.
RSS Feed