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OCC Denies Application for Red Rock Power Plant


WEBWIRE

TULSA, Okla.- Oklahoma Corporation Commissioners Monday issued an oral order denying PSO´s application for approval of the $1.8 billion Red Rock coal-fired power plant project. PSO had proposed to build the plant with Oklahoma Gas & Electric and the Oklahoma Municipal Power Authority. The vote to deny the application was 2-1.

“Obviously we are very disappointed in the Commissioner´s order today,” said PSO President Stuart Solomon. “While we believe that Red Rock would have been beneficial for our customers, the Commissioners have made a determination and we will certainly abide by their decision.”

“We still need additional power supplies to support our customers’ needs, so we will quickly review our options and make another proposal to the Commission" Solomon said.

“I appreciate the close working relationship we’ve had with our Red Rock partners, Oklahoma Gas & Electric and the Oklahoma Municipal Power Authority,” he added.

PSO expects a final order by next week.



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