Kentucky Power pulls plug on costly plant upgrade

Reblogged from Kentucky Marijuana Party:

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LOUISVILLE, Ky. — Kentucky Power Co. is withdrawing its bid to spend nearly $1 billion on environmental upgrades to continue burning coal at an aging eastern Kentucky power plant.

Kentucky Power, a unit of American Electric Power Co., filed a motion with the state's Public Service Commission Wednesday to withdraw a $940 million plan for upgrades at its 800-megawatt Big Sandy No.

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