AEP leans on natural gas as new 580 MW plant goes into operation

Columbus, Ohio, February 1, 2012 — American Electric Power has begun commercial operation of the Dresden natural gas-fired power plant, a nominal 580 MW combined-cycle generating unit. The plant, located near Dresden, Ohio, provides 25 permanent jobs and employed 300 workers at the peak of construction.

With the start-up of the Dresden plant, AEP has added more than 4,800 MW of natural gas-fired capacity to its generating fleet in the past decade. Natural gas accounts for 24 percent of AEP's total generating capacity.

AEP purchased the partially constructed Dresden plant in 2007 for about $85 million from Dresden Energy LLC, a unit of Dominion. AEP accelerated construction of Dresden in January 2011. Total costs for the plant were about $366 million.

The Dresden plant will supply electricity to AEP's Appalachian Power customers in West Virginia, Virginia and Tennessee.

AEP delivers electricity to more than 5 million customers in 11 states. AEP ranks among the nation's largest generators of electricity, owning nearly 39,000 MW of generating capacity in the U.S.

AEP also owns a nearly 39,000-mile electricity transmission system, a network that includes more 765-kV extra-high voltage transmission lines than all other U.S. transmission systems combined.

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