AEP Energy Partners seeks renewables PPAs in PJM region

Apr 5, 2022 02:28 PM ET
  • A subsidiary people utility American Electric Power has introduced an ask for propositions process as it aims to sign power acquisition arrangements (PPAs) for new as well as existing solar as well as wind centers situated in the PJM service region.
AEP Energy Partners seeks renewables PPAs in PJM region
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AEP Energy Partners (AEPEP) is seeking PPAs of ten, 12 or 15 years for new renewables projects and 5 to 15 years for existing assets to support the company's expanding retail and wholesale tons in Ohio.

Notice of intent to bid need to be submitted to AEPEP by 13 April, with proposal bundles due by 28 April.

Along with marketing renewable resource via long-term agreements with utilities, cooperatives, municipalities as well as corporate consumers, AEPEP uses wholesale power supply products throughout the United States.

The announcement comes after the business provided a RFP in October for off-take from 300-- 500MW of solar, wind as well as standalone battery energy storage space systems, likewise in the PJM region.

Initiatives are underway in the PJM area to clear a stockpile of projects that consisted of 136GW of solar capacity since February. The power grid driver's preparation committee has actually endorsed a new shift proposal made to get projects with the preparation pipeline faster.

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