Thursday, December 13, 2007

New Nuclear Potential for AEP

From 12/12/07 Platts: --AEP IS CONSIDERING EXPANDING ITS NUCLEAR PORTFOLIO, a company executive said December 11 at the Power-Gen International Conference in New Orleans. Nicolas Akins, executive vice president of generation for American Electric Power, told the conference in a keynote address that AEP is "very focused on nuclear as a possibility." He said the company expects to make a decision next year on whether to file a combined construction permit-operating license application with the NRC. AEP has a generating capacity of more than 36,000 megawatts, of which 73% is coal and just 8% is nuclear: the two-unit Cook station in Michigan.

We are very excited.  A team is being formed, more to follow when details are determined.

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