AEP files plan saying only solar and wind from now on for new electricity generation

Wow. An interesting sign of a rapidly changing utilities market:


“On Nov. 1, AEP, one of the other five biggest coal-fired electric utilities, filed a plan to Indiana and Michigan regulators saying that the only new generating capacity it would need over the next decade would be wind and, starting in 2020, solar. The company said it ‘expects that utility-scale solar resources will become economically justifiable by 2020.’”


(Via Tennessee Valley Authority to close 8 coal-fired power plants – The...

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Published on November 14, 2013 23:22
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