AEP, FPL: U.S. Utilities Agree on Nukes, CCS and CO2
from SeekingAlpha.com: Home Page by Greentech Media
Greentech Media submits:
The CEOs and Chairmen of two of the largest utilities in the United States were brought together on stage Friday morning in Southern California at the Wall Street Journal ECO:nomics event. Although there are large differences in where and how they source their respective fuels and feedstocks, when it comes to the subject of nuclear power, clean coal, carbon capture, carbon and government sloth -- they tended to be in violent agreement.
American Electric Power (AEP) gets about 80% of their electricity from coal while FPL gets only 4% of their energy from coal. FPL Group (FPL) is the biggest U.S. producer of wind power, operates in 27 states and generates about $16 billion in annual revenue.