Nuclear and hydroelectric power represents a diverse and secure energy future. Our Cook Nuclear Plant provides 5 percent of our generating capacity provided more than 15,600 gigawatt hours of carbon-free electricity to customers of our Indiana Michigan Power Co. in 2010. The two units are licensed until 2034 and 2037. We have conducted feasibility and cost studies to increase output by up to 400 MW during the next decade. We will determine the cost effectiveness and demand for additional power before making a decision to proceed. Given the challenges created by the Japanese nuclear crisis following the earthquake and tsunami, a rigorous evaluation is being done by the U.S. nuclear industry to ensure the ability to safely shut down reactors in the face of similar circumstances.

We also own and operate 16 hydroelectric facilities and a pumped storage facility that contribute to cleaner energy resources on our system. These facilities generate approximately 1,549 gigawatt hours of power each year, serving customers in five states.

Smith Mountain Lake, near Roanoke, Va., is one of the nation’s largest pumped storage facilities. It recently received a 30-year license extension. The nearby Claytor Lake facility is up for relicensing in 2011.