AEP Says It Signed 6 GW Of New Load Commitments In Q2, Driven By Texas Data-Center-Style Contracts - AEP News | RalliesAEP Says It Signed 6 GW Of New Load Commitments In Q2, Driven By Texas Data-Center-Style Contracts
A
AEP• AEP’s Q2 load commitments and growth outlook
- AEP said it signed 6 GW of new load commitments in Q2, driven by Texas data-center-style contracts.
- AEP said it will release a new five-year plan for 2027 through 2031 in Q3.
- AEP said Indiana Michigan Power will file a base rate cut this summer amid large-load cost offsets.
- AEP said Texas has 45 GW of contracted load through 2030; Ohio has 12 GW.
- AEP said Oklahoma, Indiana, Kentucky, Louisiana, Virginia have a combined contracted load of 12 GW.
- AEP said its $78 billion capital plan does not yet account for this scale of Texas load growth.
- AEP said multiple active customer discussions are underway in West Virginia.
- AEP expects active interconnection requests to keep growing in coming quarters.
