Power Plants

Unprofitable Out-Of-State Coal Plants Costing Kentucky Electricity Customers

Behind the rates paid by the companies’ customers is a hidden cost that doesn’t show up on their bills. Customers receive electricity from two aging, out-of-state coal plants that lose a lot of money.

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AEP Reports Nearly $1 Billion Profit In Third Quarter

American Electric Power recorded $972 million in profits in the three months ending Sept. 30, up from $960 million a year ago.

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Appalachian Power Coal Plant's Winter Failures Raise Reliability Questions

Data the company provided to utility regulators in Virginia show one of the plant’s three units failed on Jan. 21 and 22. This was during one of the coldest periods of the year, with record demand for electricity in the region.

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Norfolk Southern Coal Shifts From Export To Domestic

In the three months ending on Sept. 30, Norfolk Southern moved nearly 8.8 million tons of coal for U.S. power plants, according to a financial presentation on Thursday, a 6% increase from the year before.

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