[TheRealThing]

"American Electric Power Company (NYSE: AEP) is making its closure plans official. The power generator and utility has made its notifications to the PJM Interconnection and Southwest Power Pool to retire more than 4,600 megawatts of coal-fueled power generation. This move is “primarily to comply with a series of U.S. Environmental Protection Agency regulations” and the company was required to file its plan for plant retirements prior to PJM’s auction in May 2012 that will set electric generation capacity prices for June 2015 through May 2016.

This is no happy day for AEP and it marks a change that other power generators and utilities will have to consider around their coal-fired power plants."


Read more: AEP Formalizes Plant Closures, Power Grid Trouble Ahead? (AEP) - 24/7 Wall St. http://247wallst.com/2012/03/22/aep-form...z2LhRIM4KP


This is the true legacy of the Obama presidency. The news, after all the liberal lies are strained out, will be bad and more bad. The total damage done to this country by the time his days are done in the White House will be immeasurable. Guarantee our electrical rates will go through the roof because of this travesty too, just as I have said all along.