American Electric Power Company, Inc. · NASDAQ:AEP
American Electric Power — Corporate Update (January 2015)
9 slides from American Electric Power's corporate update, January 2015
Slide 1: Clinch River Plant Retirement
Clinch River Plant Retirement Part of AEP’s Environmental Compliance Plan January 2015
Slide 2: AEP's environmental stewardship
AEP’s environmental stewardship AEP is an environmentally responsible company. It supports regulations that achieve long-term environmental benefits while considering the impacts on customers, the economy and system reliability. AEP supports environmental regulation that is approached in a coordinat
Slide 3: Ongoing air quality improvements
Ongoing air quality improvements • AEP has improved its environmental performance. • Since 1990, AEP has reduced its NOx and SO2 emissions by 80%. • Mercury emissions have declined by nearly 60 percent since 2001. • Between 2005 and 2013, AEP reduced its carbon dioxide emissions by 21 percent, excee
Slide 4: AEP's Power Plant Retirements
AEP’s Power Plant Retirements • By early 2016, AEP will retire more than 6,000 megawatts (MW) of coal-fired generating capacity at 11 power plants in seven states • Unit 3 of AEP’s Clinch River Plant near Carbo, Virginia, is one of the units included in this retirement plan. The unit will officially
Slide 5: Clinch River Plant
Clinch River Plant • Clinch River Plant’s three generating are each rated at 235 megawatts • Units 1 and 2 were placed into operation in 1958. Unit 3 came online in 1961 • It is owned and operated by Appalachian Power Company, an operating subsidiary of American Electric Power • Units 1 and 2 are be
Slide 6: Decommissioning
Decommissioning • AEP has developed formal plans to decommission Clinch River Unit 3 in a responsible manner that will safeguard the local environment • AEP and Clinch River management will work with the Virginia Department of Environmental Quality and other organizations to ensure that the Unit is
Slide 7: Overall impacts to employees and communities
Overall impacts to employees and communities • AEP is implementing a plan to assist any employees affected by Unit 3’s retirement in finding positions at other unaffected facilities. Whether they choose to retire, find other employment within the AEP system or to leave AEP, the company will provide
Slide 8: Leaving a Legacy
Leaving a Legacy • Clinch River Plant employees have taken great pride in providing electricity while protecting air and water quality, recycling materials and maintaining an exemplary record of public and work safety. • The plant and its employees have been a part of the local community for nearly
Slide 9: For more information
For more information Additional information, fact sheets, FAQs, photos and brief videos are available at: http://www.aep.com/environment/PlantRetirements 9
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