Dispute Between Regulators Puts Powerplant Project at Risk
American Electric Power is reviewing ways to move forward with its proposed 629-MW clean-coal plant in West Virginia, after the the state’s Public Service Commission said on July 9 that it favors rescinding its approval for the construction of the $2.2- billion integrated gasification combined-cycle plant. The West Virginia regulator cited the rejection of its proposal to have Virginia customers pay part of the plant’s costs. Virginia regulators said the cost of the plant and the complexities of a technology not yet built on such a scale was an extraordinary risk for ratepayers to assume. West Virginia’s approval was conditional on Virginia’s approval. The company said it might look for a buyer for the Virginia portion of the plant’s output.