American Electric Power
American Electric Power Inc. (AEP ) is a large energy company in the United States with headquarters in Columbus, Ohio. The company is listed on the stock index S & P 500 and the Dow Jones Utility Average.
The company supplies parts of 11 states in the United States with energy. In AEP approximately 19,630 employees. (As of 2006)
AEP was founded in 1906 and is divided into seven geographical regions in his business:
- AEP Ohio, the result of a merger of Ohio Power and Columbus Southern Power
- AEP Texas
- Appalachian Power, powered West Virginia and Virginia
- Indiana Michigan Power, Kentucky Power, Public Service of Oklahoma (PSO )
- Southwestern Electric Power Company ( SWEPCO ), supplied Arkansas, Louisiana and eastern Texas
- Wheeling Electric Power, supplies the Wheeling (West Virginia ) Region
- Kingsport Electric Power supplied Kingsport (Tennessee )
AEP owns and operates the nuclear power plant Donald Cook in the southwestern corner of the U.S. state of Michigan, on the shore of Lake Michigan, near the border with Indiana. The majority of the production is done, however, by a large number of coal power plants. Because of the emissions from these power plants, the company is target of criticism from environmental groups.
AEP also owns many of the properties in the city Cheshire ( Ohio).
Similarly, AEP is one of the leading technology companies in the energy sector and working on a low-emission coal-fired power plant. Through the support of the Pickens Plan, which provides for a wind energy development in America, the company wants to participate in sustainable power generation.