Impacts of EPA regulations
Sporn Plant, shown above, is one of the affected generating facilities. For details on the base plan, see the AEP news release linked in the article.
COLUMBUS, Ohio – AEP has disclosed the economic, operational and rate impacts associated with a series of proposed regulations that the U.S. Environmental Protection Agency has proposed to further reduce coal-fueled power plant environmental impacts.
According to analyses conducted by AEP’s Generation, Corporate Planning & Budgeting and Environmental Services organizations, the new rules will require the company to invest $6 billion to $8 billion in capital to add additional environmental controls, upgrade existing controls and build new generation, and will result in the retirement of over 5,900 megawatts (MW) of coal-fired generating capacity. Compliance with the proposed rules would raise customer rates by 10-35 percent on average across AEP’s 11-state service area. See the full story at www.AEP.com.
