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Gold/Mining/Energy : Gasification Technologies

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To: Dennis Roth who wrote (710)3/15/2008 7:19:26 AM
From: Dennis Roth  Read Replies (1) of 1740
 
AEP To Wait For Clarity On Ohio Electricity Generation
March 14, 2008: 04:56 PM EST
money.cnn.com
DOW JONES NEWSWIRES

American Electric Power Co. (AEP) said it will have to wait for clarity about the future of electricity generation in Ohio before it determines if it can build an Integrated Gasification Combined Cycle plant in the state.

According to the Columbus energy company, the Ohio Supreme Court "did not provide the clarity we need to move forward with construction of an IGCC plant in Ohio."

American Electric reaffirmed its commitment to Integrated Gasification Combined Cycle generation and said it will continue to pursue it "in jurisdictions where there are conducive investment climates."

The company had proposed to build a 629-megawatt Integrated Gasification Combined Cycle unit in Meigs County, Ohio.

-Melissa Korn; 201-938-5400; AskNewswires@dowjones.com

(END) Dow Jones Newswires
03-14-08 1656ET
Copyright (c) 2008 Dow Jones & Company, Inc.
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