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Kentucky Utility Plans to Retire Big Sandy Unit 2 in 2015, an Industrial Info News Alert

SUGAR LAND, TX — (Marketwire) — 01/15/13 — Written by John Egan for Industrial Info Resources (Sugar Land, Texas) — Kentucky Power Company (Frankfort, Kentucky) announced plans to retire Unit 2 of its Big Sandy Power Station, located in Louisa, Kentucky, in 2015. The decision, announced last month, completed a year-long cycle where the utility, a unit of (NYSE:AEP) (Columbus, Ohio), first said it would spend $940 million to install a flue gas desulphurization system to lower sulfur dioxide emissions at the 816-megawatt unit. But that plan was withdrawn in mid-2012 in part because installing scrubbers would drive up electric rates by about 31%.

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