The Ohio Valley Electric Corporation (OVEC) is a company jointly owned by several parent electrical utilities. It is headquartered in Piketon, Ohio. OVEC and its wholly owned subsidiary, Indiana-Kentucky Electrical Corporation (IKEC), own and operate two coal-fired electrical generating plants. They are the Kyger Creek Power Plant, located near Gallipolis, Ohio, and the Clifty Creek Power Plant near Madison, Indiana.
Piketon is a village in Pike County, Ohio, United States, along the Scioto River. The village is best known for the uranium enrichment plant located there. The population was 2,181 at the 2010 census. Originally called Jefferson, it was the county seat of Pike County 1815–1845, when James Emmitt, a wealthy local entrepreneur, influenced removal of the county seat to Waverly, due to its closer proximity to the then new Ohio & Erie Canal. Piketon is the location of the Pike County Fairgrounds and is served by the Scioto Valley School District.
Kyger Creek Power Plant is a 1.08-gigawatt, 1,086 (MW) coal-fired power station located south of Cheshire, Ohio in Gallia County, Ohio. It is operated by the Ohio Valley Electric Corporation (OVEC).
Gallipolis is a chartered village in the U.S. state of Ohio and the county seat of Gallia County. The municipality is located in Southeast Ohio along the Ohio River about 55 miles southeast of Chillicothe and 44 miles northwest of Charleston, West Virginia. The population was 3,641 at the 2010 census. When the population dropped below 5,000, Gallipolis lost its city status and was classified as a village under state law. It continues to operate its government under its existing city charter.
In 1952, in order to fulfill the tremendous electrical needs of an atomic enrichment plant the U.S. Atomic Energy Commission was building in Piketon, Ohio, several investor-owned electrical utilities jointly formed two new energy companies—the Ohio Valley Electric Corporation (OVEC) and the Indiana-Kentucky Electrical Company (IKEC). [1] Each new company built a coal-fired electrical generating plant, the Kyger Creek Power Plant near Gallipolis, Ohio, and the Clifty Creek Power Plant near Madison, Indiana. The Clifty Creek Plant had a generating capacity of 1,303,560 kilowatts, and the Kyger Creek Plant had a generating capacity of 1,086,300 kilowatts. The plants were also connected to the electrical transmission network (the "grid") providing for sales of excess and the purchase of additional power. Both plants began producing electricity in 1955.
Clifty Creek Power Plant is a 1.3 gigawatt, 1,300 (MW) coal-fired power station located in Madison, Indiana. Clifty Creek is operated by the Indiana Kentucky Electric Corporation. It is named after Clifty Creek, the naming feature for the power plant, which enters the Ohio River nearby.
Madison is a city in and the county seat of Jefferson County, Indiana, United States, along the Ohio River. As of the 2010 United States Census its population was 11,967. Over 55,000 people live within 15 miles (24 km) of downtown Madison. Madison is the largest city along the Ohio River between Louisville and Cincinnati. Madison is one of the core cities of the Louisville-Elizabethtown-Madison metroplex, an area with a population of approximately 1.5 million. In 2006, the majority of Madison's downtown area was designated the largest contiguous National Historic Landmark in the United States—133 blocks of the downtown area is known as the Madison Historic Landmark District.
As the need for electrical power for the atomic plant declined, electrical output from these plants was diverted to domestic use and, in 2003, the affiliation with the United States Department of Energy (DOE) was terminated. The two "sister companies" have merged, with IKEC becoming a wholly owned subsidiary of OVEC, now headquartered in Piketon, Ohio.
The United States Department of Energy (DOE) is a cabinet-level department of the United States Government concerned with the United States' policies regarding energy and safety in handling nuclear material. Its responsibilities include the nation's nuclear weapons program, nuclear reactor production for the United States Navy, energy conservation, energy-related research, radioactive waste disposal, and domestic energy production. It also directs research in genomics; the Human Genome Project originated in a DOE initiative. DOE sponsors more research in the physical sciences than any other U.S. federal agency, the majority of which is conducted through its system of National Laboratories. The agency is administered by the United States Secretary of Energy, and its headquarters are located in Southwest Washington, D.C., on Independence Avenue in the James V. Forrestal Building, named for James Forrestal, as well as in Germantown, Maryland.
In 2018, OVEC joined PJM Interconnection, a regional transmission organization (RTO) to provide additional electricity capacity and integrate its transmission lines. [2]
PJM Interconnection LLC (PJM) is a regional transmission organization (RTO) in the United States. It is part of the Eastern Interconnection grid operating an electric transmission system serving all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and the District of Columbia.
The current shareholders of OVEC are:
Allegheny Energy was an electric utility headquartered in Greensburg, Pennsylvania. It owned and operated electric generation facilities and delivered electric services to customers in Pennsylvania, West Virginia, Maryland, and Virginia. Allegheny Energy was incorporated in Maryland in 1925. One of its predecessor companies dates back to the formation of West Penn Power on January 31, 1907.
American Electric Power (AEP) is a major investor-owned electric utility in the United States of America, delivering electricity to more than five million customers in 11 states.
DP&L Inc. is a subsidiary of AES Corporation. Through its subsidiaries The Dayton Power and Light Company and DPL Energy Resources, DP&L sells to, and generates electricity for, a customer base of over 500,000 people within a 6,000-square-mile (16,000 km2) area of West Central Ohio, including the area around Dayton, Ohio; its namesake. Electricity for DP&L’s 24 county service area within Ohio’s Miami Valley is primarily generated at eight coal-fired power plants, but DP&L also provides service to its’ clients via the use of combustion turbines, diesel peaking units, and solar powered properties.
The AES Corporation is a Fortune 500 company that generates and distributes electrical power. AES is headquartered in Arlington, Virginia, and is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide.
AEP is by far the largest stockholder.
Net metering allows consumers who generate some or all of their own electricity to use that electricity anytime, instead of when it is generated. This is particularly important with renewable energy sources like wind and solar, which are non-dispatchable. Monthly net metering allows consumers to use solar power generated during the day at night, or wind from a windy day later in the month. Annual net metering rolls over a net kilowatthour (kWh) credit to the following month, allowing solar power that was generated in July to be used in December, or wind power from March in August.
The PPL Corporation is an energy company headquartered in Allentown, Pennsylvania, United States. It currently controls about 8,000 megawatts of regulated electric generating capacity in the United States and delivers electricity to 10.5 million customers in Pennsylvania, Kentucky, and Great Britain. It also provides natural gas delivery service to 321,000 customers in Kentucky. PPL Electric Utilities is the PPL Corporation's primary subsidiary.
Indianapolis Power & Light Company, also known as IPL or IPALCO, is an American utility company providing electric service to the city of Indianapolis. It is a subsidiary and largest utility of AES Corporation, which acquired it in 2000. IPL provides electric service to more than 470,000 customers in a 528-square-mile (1,370 km2) service territory.
Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people. Exelon is the largest electric parent company in the United States by revenue, the largest regulated utility in the United States with approximately 10 million customers, and also the largest operator of nuclear power plants in the United States. It was created in October 2000 by the merger of PECO Energy Company of Philadelphia and Unicom Corp of Chicago, which owned Commonwealth Edison.
The Central Illinois Public Service Company was an electric streetcar holding company and power utility first organized in 1902. Under its later quarter billion dollar holding company, CIPSCO Inc., it merged in 1997 with the larger neighboring Union Electric Company of Missouri to form Ameren Corporation based in St. Louis, Missouri. Now a subsidiary, AmerenCIPS is headquartered in Springfield, Illinois.
Rockport Generating Station is a coal-fired power plant, located along the Ohio River in Ohio Township, Spencer County, Indiana, in the United States, near Rockport, Indiana. The power plant is located along U.S. Route 231, approximately one mile north of the William H. Natcher Bridge, spanning the Ohio River. It is operated by Indiana Michigan Power, a subsidy of American Electric Power.
Louisville Gas & Electric (LG&E) is a utilities company based in Louisville, Kentucky. A subsidiary of PPL Corporation through the LG&E and KU Energy subsidiary, LG&E serves over 350,000 electric and over 300,000 natural gas customers, covers an area of 700 square miles (1800 km²), and has a total regulated electric generation capacity of 3,514 megawatts.
Marble Hill Nuclear Power Station was an unfinished nuclear power plant in Saluda Township, Jefferson County, near Hanover, Indiana, USA. In 1984, the Public Service Company of Indiana announced it was abandoning the half-finished nuclear power plant, on which $2.5 billion had already been spent.
The Portsmouth Gaseous Diffusion Plant is a facility located in Scioto Township, Pike County, Ohio, just south of Piketon, Ohio that previously produced enriched uranium, including weapons-grade uranium, for the United States Atomic Energy program and U.S. nuclear weapons program. The plant is in shutdown status and is in preparation for decontamination and decommissioning (D&D), with some facilities overseen by the United States Enrichment Corporation, a subsidiary of USEC Incorporated, a publicly traded corporation. The D&D work on the older facilities to prepare the site for future use is expected to continue through 2024 and is being conducted by Fluor-B&W Portsmouth LLC.
ITC Transmission was founded in 1999 as International Transmission Co., a subsidiary of Detroit Edison, charged in the ownership, operation and maintenance of Detroit Edison's transmission system. In 2003, DTE sold the subsidiary to ITC Holdings Corp. In 2004, ITC Transmission became the first, fully independent electricity transmission company in the United States following the 2003 transfer of ownership from DTE Energy to ITC Transmission’s parent company, ITC Holdings Corp. ITC Transmission owns a fully regulated, high-voltage system that transmits electricity to local electricity distribution facilities. ITC Holdings Corp. became a publicly traded company in 2005 and is headquartered in Novi, Michigan. Today it owns transmission systems in several states under a unique independent business model.
General James M. Gavin Power Plant is a 2.6-gigawatt supercritical coal-fired power station in the village of Cheshire, Ohio, United States. It is owned by Lightstone Generation LLC, a 50–50 joint venture of The Blackstone Group L.P. and ArcLight Capital Partners. Gavin is the largest coal-fired power facility in Ohio, and one of the largest in the nation, capable of powering two million homes. In February 2017, the plant represented slightly more than 11% of the total electric generation capacity in Ohio according to the Energy Information Administration (EIA). The plant was named in honor of James Maurice "Jumpin' Jim" Gavin, the third Commanding General (CG) of the 82nd Airborne Division during World War II.
Tanner's Creek Generating Station was a major, 1000-MWe coal-fired electrical power plant in Indiana. Located on the north bank of Ohio River, it was one of the two coal-fired power stations within 3 miles (5 km) of Lawrenceburg, Indiana, near the tripoint of Indiana, Ohio, and Kentucky. The former plant is situated directly across the Ohio river from Petersburg, Boone County, Kentucky. Tanner's Creek was one of the two Indiana coal power plants owned by Indiana Michigan Power, a subsidiary of American Electric Power.
Perry K. Generating Station is a small multi-fired power station producing steam for one of the largest central district steam heating systems in the United States. The plant is located on the south side of downtown Indianapolis, at the intersection of Kentucky Avenue and West Street. Its coal-fired units, currently being converted to natural gas, are among the oldest operating power plants in the United States. Perry K. is owned by Citizens Thermal, a division of Citizens Energy Group.
Cardinal Power Plant is a 1.8-gigawatt coal power plant located south of Brilliant, Ohio in Jefferson County, Ohio. The power plant has three units. Cardinal is co-owned with Unit 1 owned by American Electric Power's (AEP) subsidiary, AEP Generation Resources. Units 2–3 are owned by Buckeye Power, a utility cooperative. It began operations in 1967.
Conesville Power Plant is a 780 megawatt (MW), coal power plant located east of Conesville, Ohio in Coshocton County, Ohio. Its unit are co-owned by American Electric Power (AEP) and AES Ohio Generation. All plant operations are handled by AEP. Conesville began operations in 1957.