Virginia Blocks a Neighbor's Coal Plant. AP, April 15, 2008. "Virginia's State Corporation Commission on Monday denied a request from Columbus, Ohio-based [American Electric Power] to build [a $2.23 billion, 629-megawatt 'clean coal' plant in] Mason County... [West Virginia]. Virginia's approval is needed because AEP customers in that state would help pay for construction of the plant. [AEP plans to appeal the decision.] The Virginia commission also rejected an AEP proposal to increase rates to start recovering construction costs from customers... [saying] the plant's estimated cost... isn't credible... [and that the company] has no plans to provide a detailed, updated estimate until it gets full regulatory approval. 'This [proposal] represents an extraordinary risk that we cannot allow the ratepayers of Virginia... to assume,' the commission said in a statement."
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