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AEP CEO: Harvey 'devastated' transmission, distribution system in south Texas

Flooding during Hurricane Harvey.

Image: Flooding during Hurricane Harvey. - Robert Walton - September 1st 2017

Dive Brief:

American Electric Power's transmission and distribution system in its south Texas service territory has been "devastated," CEO Nick Akins told Bloomberg yesterday.

In an interview with the financial news provider, Akins said several transmission lines are down including over 20 miles on one system that is "laying on the ground."

While utilities struggle to bring power back online to affected communities, the operator for most of the state said the grid remains in stable condition and Electric Reliability Council of Texas competitive markets continue to operate.


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