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Appalachian Power Coal Plant Securitization and Potential Retirement

Sector: Power Generation (CCGT) • Location: West Virginia, United States

Source: West Virginia Public Broadcasting

Project
Under Review

Appalachian Power is seeking approval from the West Virginia Public Service Commission to securitize over $2 billion in costs, including the value of its three coal plants in West Virginia: Amos, Mountaineer, and Mitchell. This plan involves issuing bonds to be repaid by electricity customers over 20 years, potentially enabling the retirement of these coal plants before 2040. The West Virginia Coa

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The project “Appalachian Power Coal Plant Securitization and Potential Retirement” is an infrastructure initiative in the Power Generation (CCGT) sector, located in West Virginia, United States. Taiyo aggregates data on it from West Virginia Public Broadcasting.

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Description

Description

Appalachian Power is seeking approval from the West Virginia Public Service Commission to securitize over $2 billion in costs, including the value of its three coal plants in West Virginia: Amos, Mountaineer, and Mitchell. This plan involves issuing bonds to be repaid by electricity customers over 20 years, potentially enabling the retirement of these coal plants before 2040. The West Virginia Coal Association has warned that the closure of these plants would outweigh any savings to customers, and the Public Service Commission must approve any retirements under House Bill 2014.

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