AEP Chairman & CEO Mike Morris: Future Power  September 10 2007
by JP Donlon  AEP’s Michael Morris says that like it or not
fossil fuels will remain our principal source of energy for much
of the 21st century. Nuclear, however clean and constant, still
faces hurdles. Renewables will help but mostly at the margin.
CEOs ranked energy costs as one of the most pressing challenges
affecting their business, second only to health care costs. The
chairman, president and CEO of Columbus, Ohio-based American
Electric Power, a $12.6 billion utility that sells 214 million
megawatt hours of electricity, also leads the Business
Roundtable’s Energy Task Force. (The Business Roundtable
represents 160 CEOs of leading U.S. companies with more than
$4.5 trillion in annual revenues and more than 10 million
employees.) The Roundtable recently issued its own blueprint for
the U.S.‘s energy future in anticipation of various legislative
proposals being considered by Congress.  Before joining AEP in
2004, Morris was CEO of Northeast