AEP Energy Partners (AEPEP), Columbus, Ohio, United States, a subsidiary of American Electric Power Company (Nasdaq: AEP), is seeking proposals for off-take from new solar, new/repowered wind facilities, and stand-alone or co-located Battery Energy Storage Systems (BESS) located in PJM (PJM is a regional transmission organization – RTO – that coordinates the movement of wholesale electricity in all or parts of 13 US states and the District of Columbia).
For the PJM sited projects, the company is seeking renewable energy purchase agreements of 10, 12 or 15 years for solar, wind facilities (including incremental power from repowering), and BESS that begin operation between 2021 and 2024.
AEPEP will use the contracted offtake to support the company’s growing retail, which includes the company’s Integrated Renewable Energy (IRE) solution, and wholesale loads in PJM.
American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s approximately 16,800 employees operate and maintain the nation’s largest electricity transmission system and more than 223,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,300 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.