AEPEP Wants Up To 500 MW RE In US

US Utility To Procure Power For Up To 15 Years From Solar & Wind Energy Projects

AEPEP Wants Up To 500 MW RE In US

AEPEP has said it will enter into REPA for new projects with 10, 12 or 15 years, and for existing facilities the duration will vary between 5 to 15 years. (Illustrative Photo; Photo Credit: abriendomundo/Shutterstock.com)

  • AEPEP has issued an RFP seeking to offtake power from a total of 300 MW to 500 MW solar and wind power energy projects
  • Projects can be both new and existing and winners will enter REPA with the AEPEP
  • The utility this procurement will help it support its growing retail and wholesale loads in PJM

The wholly-owned subsidiary of American Electric Power (AEP), AEP Energy Partners (AEPEP) has launched a procurement drive, seeking clean energy from 300 MW to 500 MW of new and existing solar and wind energy facilities in the PJM service region of the US.

Both new and existing facilities can submit their proposals and the winners will enter renewable energy purchase agreements (REPA) with AEPEP. Duration of the agreements will be 10, 12 or 15 years for new solar or wind projects, and between 5 to 15 years for existing facilities, including incremental power from re-powering wind sites.

Projects which did not make the cut in the October 2021 RFP are also allowed to enter the competition, but will need to be resubmitted (see Renewable Energy Tender Launched By AEP).

“AEPEP will use the contracted offtake to support the company’s growing retail and wholesale loads in PJM including the recently passed Columbus, Ohio Electric Service Aggregation Program,” it stated in the request for proposals (RFP) documents.

Last date to submit bids is April 28, 2022, according to the RFP on AEP’s website. Shortlisted projects will be announced in mid-May 2022.  

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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