AEP Ohio Loses Bid to Potentially Subsidize Ohio Coal Plants, With More at Stake in Ohio and Beyond, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 03/10/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Last month, the Public Commission of Ohio (PUCO) ruled that AEP Ohio (Columbus, Ohio), a subsidiary of American Electric Power (NYSE:AEP) (Columbus), could not pass 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.
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Datum: 10.03.2015 - 05:30 Uhr
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News-ID 1342869
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