U.S. utilities balk at expanded carbon-capture subsidy 7:22am EDT [Reuters]
American Electric Power Company, Inc. (AEP)
Last american electric power company, inc. earnings: 2/20 06:57 am
Check Earnings Report
US:NYSE Investor Relations:
aep.com/investors
Company Research
Source: Reuters
U.S. utilities balk at expanded carbon-capture subsidy | Reuters 6 Min Read RICHMOND, Texas (Reuters) - Few U.S. energy policies can bring together coal miners, oil drillers, environmentalists, Republicans and Democrats. But tax credits for capturing and storing carbon dioxide emissions have appeased all these camps, and Congress this year tripled the subsidy’s value with broad bipartisan support. If only they could convince utilities - the biggest industrial polluters - to get on board. A Reuters survey of the top 10 U.S. power companies showed eight have no plans to purchase and install carbon capture and storage (CCS) equipment, citing high costs and uncertain demand, while the other two declined to comment. Another three utilities that are well-placed to adopt the technology - because of their proximity to existing carbon pipelines and coal reserves - also said they have no plans to tap the newly enriched subsidy. The technology employs sophisticated equipment to pull carbon dioxi
Show less
Read more
Impact Snapshot
Event Time:
AEP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AEP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AEP alerts
High impacting American Electric Power Company, Inc. news events
Weekly update
A roundup of the hottest topics
AEP
News
- AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCKPR Newswire
- AEP Recognized as One of America's Best Employers for Diversity [Yahoo! Finance]Yahoo! Finance
- AEP Recognized as One of America's Best Employers for DiversityPR Newswire
- Utilidata's AI Sharpens The Grid's Edge [Forbes]Forbes
- American Electric Power Company, Inc. (NASDAQ: AEP) had its price target lowered by analysts at Scotiabank from $92.00 to $86.00. They now have a "sector outperform" rating on the stock.MarketBeat
AEP
Earnings
- 2/26/24 - Miss
AEP
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- AEP's page on the SEC website