AEP Generation Resources said in an annual Environmental Compliance Plan filed April 8 at the Public Utilities Commission of Ohio that several coal units are due to be shut by June 1, following other coal units that have already been shut.
These plans are required from “public utilities.” The non-regulated AEP Generation Resources (AEPGR), which picked up formerly regulated power plants from American Electric Power (NYSE: AEP) subsidiaries in Ohio under the state’s utility de-regulation program, said it was filing this plan out of an “abundance of caution.”
It noted that in February 2012, AEP Ohio retired the 450-MW Sporn Unit 5 and in December 2012 the 165-MW Conesville Unit 3. AEPGR will retire nearly 2,500 MW of generating capacity by June 1, 2015. Those upcoming coal shutdowns are:
- Kammer Units 1-3, Moundsville, W.Va., 630 MW;
- Muskingum River Units 1-5, Beverly, Ohio, 1,425 MW;
- Beckjord Unit 6, New Richmond, Ohio, 53 MW (represents AEP’s share of the co-owned unit’s capacity);
- Picway Unit 5, Lockbourne, Ohio, 100 MW; and
- Philip Sporn Units 2 and 4, New Haven, W.Va., 300 MW.
Said the plan about compliance with greenhouse gas (GHG)-control initiatives: “System-wide, AEP is currently focused on taking practical, short-term actions to reduce carbon emissions, such as improving energy efficiency, investing in the development of cost-effective and less carbon-intensive technologies and evaluating our assets – power plants, office buildings, and mobile fleet – across a range of reasonable scenarios. Longer term, the transformation of our generation business is expected to reduce our reliance on coal and lignite from 61 percent of our generating capacity in 2014 to approximately 51 percent in 2020. AEP affiliates are heavily invested in renewable energy resources, and highly successful energy efficiency programs. This balancing of our fuel resources and demand reduction efforts will move us forward on the path to continued carbon dioxide reductions, helping us achieve our voluntary 2020 goal to reduce GHG emissions by 10 percent from 2010 levels.”