AEP Notifies Reliability Organizations of Planned Plant Retirements

American Electric Power

today made official notifications to regional reliability organizations PJM Interconnection and Southwest Power Pool of the company's plan to retire more than 4,600 megawatts of coal-fueled power generation, primarily to comply with a series of U.S. Environmental Protection Agency regulations. AEP was required to file its plan for plant retirements prior to PJM's auction in May 2012 that will set electric generation capacity prices for June 2015 through May 2016.