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    coal investing

    American Electric Power Faces Fewer Shutdowns

    Investing News Network
    Mar. 22, 2012 02:05PM PST
    Industrial Metals

    Reuters reported that American Electric Power (NYSE:AEP) won’t shut down as many coal-fired plants, favoring plant modifications instead.

    Reuters reported that American Electric Power (NYSE:AEP) won’t shut down as many coal-fired plants, favoring plant modifications instead.

    As quoted in the market news:

    AEP said its new estimate differed from last year’s as it has already closed down a 450-MW unit in February and has decided to seek regulatory approval in Kentucky to retrofit the Big Sandy unit 2 with emission control equipment.

    Click here to read the full Reuters report.

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