But in its order on Monday, the SCC said Appalachian Power had failed to meet its burden of proving that the ELG investment is reasonable and prudent, including from an economic or a resource adequacy perspective. Still, the SCC allowed Appalachian Power to provide more analyses and evidence to support the ELG investment. Videos, activities & resources for every occasion. Plans include retrofitting economizer ash handling systems on Amos 1 and 2 and installing a new FGD biological treatment system with ultrafiltration. Appalachian Power, the AEP subsidiary that owns the two plants, warned in its last 10-Q filing, dated July 22, that denial of ELG investment recovery could cause the company to close the generating facilities by 2028more than a decade earlier than their planned retirement in 2040. The plant burns up to 27,000 tons of coal a day during peak season, drawing on daily shipments of regional coal delivered by barge and by rail. Based on already planned and announced retirements, less than half of the U.S. coal-fired power generation capacity that existed at the start of 2015 will remain online by 2035, a new S&P Global Market Intelligence analysis shows. 1 Winfield, Chapmanville picks up 7-3 road win at Scott, Chapmanville K-9 handler no longer employed with police department, Two women accuse State Trooper of kidnapping and rape in Logan, Man baseball rolls visiting Tug Valley 12-0, Messer throws no-hitter, Charleston attorney wins case against My Pillow founder, who's been ordered to pay $5M to contest winner. More coal-fired power plants face closure as the nation transitions to cleaner sources of energy. esgSubNav, Discover more about S&P Globals offerings, Global Credit and Risk Symposium: Unlocking Possibilities, JW Marriott Sao Paulo Av. Be Proactive. Thats what were seeing. Sponsor impactful and engaging media and entertainment. With a nameplate rating of 2,933 MW, it is the largest utility in the AEP system. Editorial: Two power plants' future becomes uncertain. You know what I mean? But one of the reports authors predicts they wont last to the end of this decade. The model predicts one of Mitchell's two units would close in two years, and the other in three. "We can't continue to risk everything for energy, you know, I mean coal keeps the lights on, they say, but at what cost?". Both are . Buy Now. Inside and outside our model, 2040 is hard to imagine, said Scott Holladay, an associate professor of economics at the University of Tennessee. [2] Become a member with your gift of $1,000 or more. Union boilermaker Ricky Brookver, 41, of Charleston, West Virginia, works overnight at John Amos Power Plant making facility upgrades to comply with the latest EPA regulations. Winds WSW at 10 to 20 mph. John E. Amos Power Plantis a three-unit coal-fired power plant owned and operated by Appalachian Power, a subsidiary of American Electric Power(AEP). Carbon Capture The. . Sign up for the Ohio Valley Resource newsletter. Cloudy with showers. Please avoid obscene, vulgar, lewd, In 2007 alone, AEP completed installation of advanced emissions control . The ELG rule, for example, has been mired in rollbacks, prompting some uncertainty within the coal power sector about where and when to make investments. They burned coal, a. Had natural gas not become so plentiful and inexpensive, one or both might still be operating. American Electric Power's coal-fired John E. Amos Power Plant in Winfield, West Virginia. "We put so much clean energy, clean stuff on [the plant]. At Amos, Appalachian Power has proposed to modify the bottom ash handling system (to prevent discharge of bottom ash transfer water), as well as install two new ash bunkers. The ruling means the Mountaineer, Mitchell and John Amos power plants will be able to continue operations until at least 2040. A carbon tax puts a price on climate-changing greenhouse emissions, encouraging a shift toward cleaner energy. And so its a tough spot if you own these utilities, he said, so I understand why theyre struggling to think about what their options are.. that the ELG investment is reasonable and prudent, including from an economic or a resource adequacy perspective. Still, the SCC allowed Appalachian Power to provide more analyses and evidence to support the ELG investment. Slated retirements to cut US coal fleet to less than half 2015 capacity by 2035, IR In Focus | Episode 4: Insights to Navigate Investor Activism, Masters of Risk | Episode 2: A Discussion with Ilya Khaykin, According to Market Intelligence, April 2023, The 2,900-MW John E. Amos coal-fired power plant near Charleston, W.Va., has been producing power since the early 1970s. The John E. Amos Power Plant is located near Winfield, Putnam County, West Virginia. Wheeling Power and Kentucky Power each hold a 50% stake in the Mitchell Plant, which began operating in 1980. The John E. Amos Power Plant near Winfield, West Virginia, is being studied for early retirement, along with the Mountaineer Power Plant near New Haven, West Virginia. This pond has been capped and was closed at the end of 2017. Close. I come from a community where we're seeing massive job losses, massive job losses," said Keena Mullins, co-founder and solar developer for Revolt Energy. Now comes the hard part as Putnam and Mason counties wait for the study results and for the involved interest groups the bureaucracy, politicians, environmental groups, the coal industry and others to weigh in and prepare for battle. AEP says the energy generated at the John Amos Plant is enough to. Click #isupportlocal for more information on supporting our local journalists. A final decision should be coming in the next several weeks. I'm not a scientist, but I just don't believe it," said Mayor Kay Summers of Clendenin, a Republican elected two years ago to champion the rebuilding. We had more snow when I was a kid. The 1,300-MW Mountaineer Power Plant outside New Haven in Mason County, West Virginia, was completed in 1980. At Amos, Appalachian Power has proposed to modify the bottom ash handling system (to prevent discharge of bottom ash transfer water), as well as install two new ash bunkers. You all probably know that John Amos was a director for AEP and a native West Virginian. The rules require utility companies to perform the work or close the plants. ABC News. Theyve towered over the regions communities for decades. The order also directs Kentucky Power to provide the journal entries recorded when Kentucky Power acquired Mitchell and Mitchells remaining net book value, including all plant accounts and asset retirement obligations, as of the most recent month for which records are available, the PSC said in a statement. Van Nostrand said utility customers and communities would be better off if AEP scrapped the upgrades and redirected the money toward the transition to renewable energy. You have permission to edit this article. Copyright 2023 West Virginia Public Broadcasting, All Rights Reserved, Report Predicts 3 Coal Plants Could Close Within 5 Years, Grief Rituals And The Alabama Astronaut, Inside Appalachia, The West Virginia Public Service Commission, Report: AEP Companies Coal Management Practices Led To Shortages At 3 Power Plants, Why Keeping Pleasants Idle Doesn't Add Up For State, Local Government, PSC Approves Proposal To Keep Pleasants Power Station From Closing, Granholm Letter Supports Fast Approvals For Mountain Valley Pipeline. Moreover, later years, such as 2028, are also already slated to host a relatively big wave of coal plant retirements. The 2,900-MW John E. Amos coal-fired power plant near Charleston, W.Va., has been producing power since the early 1970s. The Mitchell Plant in Moundsville, the Mountaineer Plant in New Haven, and the John Amos Plant in Winfield require costly upgrades to comply with new federal environmental rules. Thats a risky investment considering the deteriorating economics of coal, said James Van Nostrand, who teaches law at West Virginia University and directs its, Center for Energy and Sustainable Development. September 21, 2020 - 12:45 am The largest electric utility in West Virginia has entered into an agreement with an environmental group that coal industry officials fear could lead to the shutdown of. The examiner also recommended that if the Virginia SCC did not ultimately grant Appalachian Power approval of the ELG investments, the regulatory body should delay consideration of the reasonableness and prudency of previously incurred ELG costs until a future case.. It's one of 174 coal-fired plants nationwide that could be impacted by the Supreme Court's decision. The plants are aging. Hydropower Experiencing Climate Impacts From Drought, Flooding, NRC Cites Problems at Vogtle, May Increase Project Oversight, West Virginia PSC Approves Continued Operation of Three AEP Coal Power Plants Through 2040, FirstEnergy, AEP, and GenOn Continue Trimming Coal-Fired Fleet Size, AEPs John W. Turk, Jr. Power Plant Earns POWERs Highest Honor, American Electric Power: A Coal Powerhouse Repositions Itself, Green Hydrogen Ultrapure Water EDI Solutions, Entergy Grows Revenue, Increases Customer Satisfaction with Value-Added Services, Flexible & Reliable: Optimal performance amid variable power generation. Appalachian Power and Wheeling Power, both subsidiaries of Ohio-based American Electric Power, have testified that upgrading the plants represents the best value for ratepayers. And even 2030 is feeling optimistic at this point, for sure.. February 10, 2009 [17] West Virginia residents are beginning to strongly oppose a proposed American Electric Power transmission line to bring more power to New Jersey, where they pay more per kilowatt than in West Virginia. And while that order would have meant Mitchell will need to cease operations in 2028, the PSC on Aug. 19 issued another order granting Kentucky Powers request for a partial rehearing of the July 15 order. "What nobody is talking about is the fact natural gas prices are now over $3 and absent a CO2 tax, a scrubbed coal plant can come close to competing with a gas plant, so maybe coal plant retirements continue but actually slow down," DeVries said. Neither is old for a coal-fired power plant, with Amos having begun service in 1971 and Mountaineer in 1980. "We just haven't gotten there yet.". CreditSights analyst Andrew DeVries said industry observers are expecting an acceleration of coal plant retirements under U.S. President Joe Biden and following the recent "ugly PJM auction" results. After negotiating various components of the request, the two parties decided that Appalachian Power would study what would happen if the two plants were retired and the company replaced their output with other sources. each comment to let us know of abusive posts. The EPA is proposing to bring back the 2012 Mercury and Air Toxics Standards rules that were first implemented during the Obama administration. found several ash sites are leaking potentially hazardous chemicals into groundwater. Appalachian Power Company's John Amos Power Plant is a 2,933 MW coal-fired power plant located near along the Kanawha River in Winfield, West Virginia. Low 48F. On July 26, meanwhile, the Biden administration initiated a supplemental rulemaking to strengthen certain discharge limits in the ELG rule.
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