Developer

American Electric Power Company, Inc.

www.aep.com

Total capacity of implemented projects

50 - 250 MW

Countries of projects presence

1

American Electric Power Company, Inc. (AEP) is one of the largest electric utilities in the United States, serving over 5 million customers across 11 states. The company is headquartered in Columbus, Ohio, and has been in operation for over a century. AEP operates in the Integrated Electric Utilities sector and is committed to providing reliable, affordable, and sustainable energy to its customers.

AEP's operations are divided into three major business segments: Transmission and Distribution, Generation, and AEP Renewables. The Transmission and Distribution segment is responsible for the transmission and distribution of electricity to customers. AEP owns and operates more than 40,000 miles of transmission lines and 223,000 miles of distribution lines. The Generation segment is responsible for the production of electricity, and AEP owns and operates more than 26,000 MW of generating capacity across its service territory. The AEP Renewables segment is responsible for developing and operating renewable energy projects, including wind, solar, and hydroelectric power.

AEP's commitment to sustainability is evident in its efforts to reduce its carbon footprint and promote the use of renewable energy sources. The company has set a goal to reduce its carbon dioxide emissions by 80% by 2050, compared to 2000 levels. To achieve this goal, AEP is investing in renewable energy projects and retiring older, less efficient coal-fired power plants. AEP Renewables is responsible for developing and operating the company's renewable energy projects, which include wind farms, solar facilities, and hydroelectric power plants.

One of AEP's most significant renewable energy projects is the 1,485 MW Wind Catcher Energy Connection. The Wind Catcher project is a joint venture between AEP and Invenergy, and it is one of the largest wind farms in the United States. The project consists of 800 wind turbines spread across 300,000 acres in Oklahoma. The electricity generated by the Wind Catcher project is transmitted via a 350-mile transmission line to customers in Arkansas, Louisiana, Oklahoma, and Texas. The Wind Catcher project is expected to provide significant cost savings to customers while also reducing carbon dioxide emissions by over 3 million tons per year.

In addition to the Wind Catcher project, AEP Renewables is also involved in several other renewable energy projects. The company owns and operates several wind farms in Texas, Oklahoma, and West Virginia, with a total generating capacity of over 1,000 MW. AEP Renewables is also developing several solar projects, including the 400 MW Santa Rita East Solar project in Texas.

AEP's commitment to sustainability extends beyond its renewable energy projects. The company is also investing in energy efficiency programs to help customers reduce their energy consumption and save money on their energy bills. AEP offers a variety of energy efficiency programs, including rebates for energy-efficient appliances and lighting, as well as home energy audits to identify areas where customers can reduce their energy consumption.

AEP is also committed to reducing its own energy consumption and has implemented several energy-saving initiatives across its operations. The company has installed energy-efficient lighting and HVAC systems in its facilities, and it has implemented a comprehensive energy management system to monitor and optimize its energy use.

AEP's commitment to sustainability has earned the company recognition from several organizations. In 2020, AEP was named to the Dow Jones Sustainability North America Index for the 15th consecutive year. The company was also recognized by the CDP (formerly the Carbon Disclosure Project) for its leadership in climate change mitigation and transparency.

In addition to its commitment to sustainability, AEP is also focused on providing reliable and affordable energy to its customers. The company has invested heavily in its transmission and distribution infrastructure to ensure that its customers have access to reliable electricity. AEP has also implemented several programs to help customers manage their energy bills, including budget billing and payment assistance programs for low-income customers.

AEP is also committed to supporting the communities it serves. The company has a strong philanthropic program and supports a variety of charitable organizations and initiatives. AEP also provides support to disaster relief efforts, including providing assistance to communities affected by hurricanes, tornadoes, and other natural disasters.

In conclusion, American Electric Power Company, Inc. is a leading electric utility in the United States, committed to providing reliable, affordable, and sustainable energy to its customers. The company's commitment to sustainability is evident in its efforts to develop renewable energy projects and reduce its carbon footprint. AEP's renewable energy projects, including the Wind Catcher Energy Connection, are helping to reduce carbon dioxide emissions while providing cost savings to customers. AEP's focus on energy efficiency and energy management is also helping customers reduce their energy consumption and save money on their energy bills. Overall, AEP's commitment to sustainability, reliability, affordability, and community support makes it a leader in the electric utility industry.