AEP Plans Removal of 1,633MW of Coal-Fueled Generation
November 05 2020 - 4:04PM
Dow Jones News
By Stephen Nakrosis
American Electric Power Co. Inc. on Thursday said compliance
plans it intends to file with the Environmental Protection Agency
will lead to the removal of 1,633MW of coal-fueled generation from
its fleet by the end of 2028.
AEP will file compliance plans this month for the EPA's Coal
Combustion Residuals rule that indicate the company will retire the
580MW Pirkey Plant in Hallsville, Texas, in 2023 and stop using
coal at its 1,053MW Welsh Plant in Pittsburg, Texas, in 2028.
The company also said it will build dry bottom ash handling
systems or new lined ash ponds that meet the EPA Coal Combustion
Residuals and Effluent Limitation Guidelines at four additional
plants, adding "existing ash ponds at these sites will be closed,
and the ash will be moved to regulated landfills."
Nicholas K. Akins, AEP's chairman, president and chief
executive, said "As we look at the future of our power plant fleet,
we've balanced the remaining life and economic viability of each of
our coal-fueled generating units with other options for delivering
power to our customers." He added "We continue to add lower cost,
cleaner resources, like renewables and natural gas, as we diversify
our generating fleet to benefit our customers and the
environment."
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 05, 2020 15:49 ET (20:49 GMT)
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