"Proposed federal clean-air rules could have a profound impact on American Electric Power, leading to an increase in electricity bills, the closing or partial closing of 11 power plants and the loss of 600 jobs, the company said.
The Columbus-based utility released its plan yesterday for complying with the proposal, while also asking for Congress to intervene.
Environmental advocates say that Ohioans would be much better off if AEP shuts down its oldest and most-polluting plants to comply with the rules and replaces them with cleaner technology."
Dan Gearino reports for the Columbus Dispatch June 10, 2011.
SEE ALSO:
"AEP Predicts Need to Shutter 25% of Coal Fleet" (Greenwire)
"Utility AEP To Close Some Coal Plants, Upgrade Others" (Washington Post)
"AEP: EPA Plan Expected To Cost $6 Billion To $8 Billion Through Decade's End " (Wall St. Journal)
"AEP To Retire 6,000 MW Of U.S. Coal Generation" (Reuters)
"AEP Lays Out Power-Plant Closings To Meet Proposed EPA Rules"
Source: Columbus Dispatch, 06/10/2011