Last month, the Public Utilities Commission of Ohio (PUCO) ruled that AEP Ohio (Columbus, Ohio), a subsidiary of American Electric Power AEP, -2.00% (Columbus), could not pass coal-powered plant cost differentials on to consumers. Although the PUCO approved AEP’s overall “Electric Security Plan” for electricity distribution, it rejected a proposal under which AEP would tie customer’s bills to uncertain generation costs at two of its three coal-fired Ohio plants.
Within this article: Implications of the ruling, including its effects on major coal-fired plants in Ohio, and problems facing coal-fired power across the U.S.
For details, view the entire article by subscribing to Industrial Info’s Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info’s quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what’s happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com “Contact Us” page.
