AEP Utilities Sees Continued 'Dash to Gas' in Electric Power Generation

CINCINNATI, OHIO--May 18, 2010--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The electricity industry's "dash to gas" is likely to continue for some time, according to Robert Powers, president of AEP Utilities, the electric distribution business of utility giant American Electric Power (NYSE:AEP) (Columbus, Ohio). Powers said that the supply of natural gas and the price of carbon will be the two most important factors driving utility-company decisions about construction of new electric generation capacity.