SWEPCO Seeking Proposals For 1.2 Gigawatts Of Wind
The Southwestern Electric Power Company announced on Monday that it was seeking proposals for up to 1.2 gigawatts (GW) of wind energy to be brought into commercial operation by the end of 2021.
What makes this even more impressive is that the announcement comes only five months after its 2 GW Wind Catcher proposal was denied regulatory approval in Texas.
The Southwestern Electric Power Company (SWEPCO), a subsidiary of American Electric Power (AEP), announced on January 7 that it is requesting proposals for up to 1,200 megawatts (MW) of wind energy resources to be in commercial operation by December 15, 2021. Further, projects must have a minimum nameplate capacity of 100 MW and be submitted by March 1, 2019. SWEPCO is aiming to acquire new or existing projects that qualify for at least 80% of the federal Production Tax Credit (PTC).
“SWEPCO continues to see strong customer interest in more renewable energy to meet their sustainability and renewable energy goals,” said Malcolm Smoak, SWEPCO 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.”
Proposed projects must be located in and interconnected to the Southwest Power Pool (SPP) regional grid in Arkansas, Louisiana, Texas, or Oklahoma, and will join the existing 469 MW of wind energy SWEPCO has already secured through multiple Power Purchase Agreements (PPAs) from Texas, Oklahoma, and Kansas.