American Electric Power
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American Electric Power

http://www.aep.com/
Last activity: 22.08.2024
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Categories: CleanerContent DistributionEnergyTechFamilyFutureLearnOnlinePublicServiceUtilities
American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP’s approximately 16,800 employees operate and maintain the nation’s largest electricity transmission system and more than 223,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,600 megawatts of renewable energy. The company’s plans include growing its renewable
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generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieving net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.
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Location: United States, Ohio, Columbus
Employees: 10001+
Phone: +1 614-716-1000
Founded date: 1906

Mentions in press and media 82

DateTitleDescription
22.08.2024Thermal Power Plant Market Forecast: USD 1,949.57 Billion Valuation by 2031 | EDF, American Electric Power CompanyThermal Power Plant Market Insights Thermal power plant market estimated to be valued at USD 1,532.34 Bn in 2024 and is expected to reach USD 1,949.57 Bn by 2031 (CAGR) of 3.5% from 2024 to 2031. BURLINGAME, CALIFORNIA, UNITED STATES, Augus...
14.08.2024William Fehrman steps down from the Board of Directors of Vestas Wind Systems A/SWilliam Fehrman steps down from the Board of Directors of Vestas Wind Systems A/S Wed, Aug 14, 2024 07:00 CET Report this content Vestas Wind Systems A/S, Aarhus, 14 August 2024 Company Announcement No. 13/2024 William Fehrman, who was elec...
13.08.2024Powering the Future: U.S. Utilities and the Data Center SurgeThe landscape of energy consumption is shifting. U.S. electric utilities are gearing up for a seismic change. The driving force? Data centers. These digital fortresses are not just storage units; they are the backbone of the artificial inte...
13.08.2024Algonquin's Shift: A $2.5 Billion Bet on StabilityIn the world of energy, change is the only constant. Algonquin, a Canadian utility company, is making waves with its recent decision to sell its renewable energy business for a staggering $2.5 billion. This move is not just a financial tran...
13.08.2024The Shifting Currents of the Energy Sector: A Tale of Divestment and DemandThe energy landscape is shifting. Like a river carving new paths, companies are adapting to changing currents. Algonquin, a Canadian utility, is selling its renewable energy business for $2.5 billion. This move is more than just a transacti...
13.08.2024US utilities poised to ride data center demand wave in second halfU.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year. T...
12.08.2024US utilities poised to ride data center demand wave in second halfClimate & EnergySustainable Markets Regulatory Oversight Governance Grid & Infrastructure US utilities poised to ride data center demand wave in second half By Seher Dareen and Srivastava VallariAugust 12, 20248:23 PM UTCUpdated ago...
12.08.2024Канадская Algonquin продает свой бизнес в сфере ВИЭ за $2,5 млрдАкционер Starboard Value LP уже более года настаивает на продаже бизнеса Algonquin по производству возобновляемых источников энергии, заявляя, что такая сделка приведет к снижению долговой нагрузки и в конечном итоге должна привести к более...
03.07.2024The Westly Group's $100 Million Seed Fund Sparks InnovationThe Westly Group recently closed a $100 million seed fund to fuel transformation in key industries, building on their history of successful investments. The Westly Group, a venture capital firm based in Menlo Park, California, has made wave...
03.07.2024The Westly Group Raises Oversubscribed $100 Million Seed FundThe Westly Group announced it successfully raised an oversubscribed $100 million seed fund to invest in entrepreneurs transforming the energy, mobility, building, and industrial sectors that make up more than 50% of the world’s GDP. This se...
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