Critical Review of Coal Plant Purchase

Sierra Club
Completed July 2013

Synapse prepared testimony on behalf of the Sierra Club regarding Kentucky Power's proposal to purchase a 50 percent share of a coal plant from an affiliated utility. The testimony focused on integrated resource planning practices and the opportunities in Kentucky for energy efficiency resources, renewable resources, and other lower cost alternatives to the coal purchase. It also focused on affiliate transaction concerns, proper valuation of asset sales between affiliates, and the likely market value of the coal plant at issue. This project included development of a settlement, as well as cross-examination at hearings.