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August 25, 2020: ANNOUNCEMENT: Webcast for AEP Ohio’s November 2020 Auction

Documents for the November 2020 auction have been posted to the Information - Documents page of the CBP website.

The CBP Auction Manager will be holding a webcast to explain qualification requirements, as well as to review contract terms and the rules of the auctions. Parameters including the tranche target, size of each tranche, the MW-measure of each tranche, and the starting price will also be announced during the webcast. The webcast is scheduled for Wednesday, September 2, 2020 from 3 PM – 5 PM EPT. Please RSVP by clicking here or by replying to this email.

On July 15, 2020, the Public Utilities Commission of Ohio (“Commission”) issued a Finding and Order requiring AEP Ohio to submit a plan to change its auctions scheduled for Fall 2020 and Spring 2021 to substitute a 12-month product for the originally planned products. In accordance with the Commission’s July 15 Finding and Order, AEP Ohio is planning to procure a single 12-month product with a supply period starting June 1, 2021 in the upcoming November 2020 auction. On August 7, 2020, AEP Ohio filed a motion with the Commission to provide only for a 12-month product in each of its November 2020 and March 2021 auctions. The Commission’s decision is pending. All documents and information related to the November 2020 auction are provisional until the Commission issues its decision regarding AEP Ohio’s motion.

Click here to submit a question to the Auction Manager.

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