Renewable Energy Tender Launched By AEP

AEPEP RFP For Up To 500 MW For Solar, Wind & Battery Storage

Renewable Energy Tender Launched By AEP

  • AEPEP is seeking proposals for up to 500 MW solar, wind and BESS capacity
  • It needs to be established in the PJM service region with commencement expected to begin between 2022 and 2024
  • This capacity will enable the company to support its growing retail and wholesale load

American Electric Power (AEP) group company AEP Energy Partners (AEPEP) has launched a tender seeking proposals to offtake power from new solar, new/repowered wind facilities, and build-own-transfer (BOT) of standalone battery energy storage system (BESS) in America’s PJM service region.

Total capacity to be contracted is expected to be between 300 MW to 500 MW. The request for proposals (RFP) specifies that for wind and solar projects the offtake agreement will be for a period of 10 years, 12 years or 15 years, with commercial operations commencement date being between 2022 and 2024.

For BESS, the requirement is for up to 50 MW capacity having a minimum of 4 hour duration. AEPEP said this capacity will support its growing retail and wholesale load.

Last date to submit proposals is October 27, 2021, according to RFP documents available on the AEP’s website. Shortlisted companies will be announced in early December 2021, while formal agreements are likely to be signed by Q2/2022.  

AEPEP also shared that it has completed negotiations with projects submitted in response to the March 2021 RFP, and the projects not selected in that round will need to resubmit with the latest update (see US Utility Seeking Proposals For 500 MW AC PV Capacity).

AEPEP’s parent company AEP has close to 30 GW of diverse energy generation portfolio, comprising more than 5.6 GW of renewable energy. By 2030, it aims to scale up its renewable energy generation portfolio to around 50% of total capacity, as it aims to reach net zero emission status by 2050.

About The Author

Anu Bhambhani

Senior News Editor: Anu Bhambhani is the Senior News Editor of TaiyangNews. Anu is our solar news whirlwind. At TaiyangNews she covers everything that is of importance in the world of solar power.Before joining our team, Anu worked in various positions at publications of the Times Group in New Delhi. As a Principal Correspondent, she conceptualized special features and supplements for both The Times of India and The Economic Times. While Anu delved deep into solar at TaiyangNews, environment topics have been close to her heart before. As Assistant Editor, she was responsible for launching Planet Earth for The Economic Times, a special series on environment. Before joining the Times Group, Anu was a Copy Editor at the Hindustan Times.Anu holds a Masters degree in Journalism and Mass Communications from the University of Rajasthan. She also studied at the Centre for Science and Environment in New Delhi on E-Outreach: New Media Technologies for Advocacy and Strategic Communication, Social Media

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