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AEP to retire fewer coal fired units than planned

Steel News - Published on Mon, 26 Mar 2012

Reuters reported that American Electric Power will retire fewer coal fired plants than it had anticipated last year, as it seeks approval to modify an 800-megawatt plant instead of shutting it down.

The power company said it plans to retire 11 coal-fuelled units with a total power generation capacity of more than 4,600 MW to comply with strict emission norms laid down by the Environmental Protection Agency.

Last year, it had said it would retire 6,000 MW of coal fired generation to comply with the rules. Rivals FirstEnergy and Duke Energy had also announced major coal closures.

AEP said its new estimate differed from last year as it has already closed down a 450-MW unit in February and has decided to seek regulatory approval in Kentucky to retrofit the Big Sandy unit 2 with emission control equipment.

The Columbus, Ohio based company said \"We continue to have serious concerns about the potential impact these plant retirements and retirements of generation announced by other utilities will have on the reliability of the electricity grid, adding that enough new capacity is not being built up to compensate for the retirements.”

Source - Reuters

Posted By : admin on Mon, 26 Mar 2012
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