AEP Investor Presentation Shows Cut Back On Coal In Next Decade

According to an AEP investor presentation last month, 19 percent of the company’s electricity will come from coal by 2032.

This story has been updated to clarify where and how much AEP is cutting back on coal.

American Electric Power, the parent company of Appalachian Power, will shut down half its coal fleet by 2028.

According to an AEP investor presentation last month, 19 percent of the company’s electricity will come from coal by 2032.

That’s down from 41 percent this year and down from 70 percent in 2005.

By 2032, according to the presentation, only three coal plants will be left in Appalachian Power’s portfolio: John Amos, Mountaineer and Mitchell, all in West Virginia.

Two more AEP coal plants will continue to operate in Arkansas.

The company aims to achieve an 80 percent reduction in carbon dioxide emissions by 2030, reaching net zero emissions by 2045.

AEP identifies carbon offsets and technology, such as carbon capture and storage, to achieve further emissions reductions.

Virtually all of the retired coal generation will be replaced with renewables.

Appalachian Power is an underwriter of West Virginia Public Broadcasting.

Author: Curtis Tate

Curtis is our Energy & Environment Reporter, based in Charleston. He has spent more than 17 years as a reporter and copy editor for Gannett, Dow Jones and McClatchy. He has written extensively about travel, transportation and Congress for USA TODAY, The Bergen Record, The Lexington Herald-Leader, The Wichita Eagle, The Belleville News-Democrat and The Sacramento Bee. You can reach him at ctate@wvpublic.org.

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