American Electric Power Companies Seek Wind Power
American Electric Power (AEP) companies Southwestern Electric Power Co. (SWEPCO) and Public Service Co. of Oklahoma (PSO) have each announced a request for proposals (RFPs) for wind power resources.
SWEPCO is seeking up to 1.2 GW of additional wind energy resources to be in commercial operation by Dec. 15, 2021. The company is looking to acquire new or existing projects that qualify for at least 80% of the federal production tax credit (PTC).
Proposals, due March 1, must have a minimum nameplate rating of 100 MW. In addition, projects must be located in and interconnected to the Southwest Power Pool (SPP) regional grid in Arkansas, Louisiana, Texas or Oklahoma. SWEPCO customers are already served by 469 MW of wind energy from Texas, Oklahoma and Kansas through multiple power purchase agreements.
“SWEPCO continues to see strong customer interest in more renewable energy to meet their sustainability and renewable energy goals,” says Malcolm Smoak, SWEPCO’s president and chief operating officer. “At the same time, SWEPCO is seeking proposals that will save customers money and further diversify our energy resource mix.”