Columbus, Ohio-based American Electric Power's (AEP) operating units have signed power purchase agreements (PPAs) for wind energy totaling approximately 250 MW to serve customers in Indiana, Michigan, Ohio, Virginia and West Virginia.
AEP's Appalachian Power unit has contracted to purchase 100.5 MW from a wind farm in LaSalle County, Ill., that is being developed by Invenergy Wind LLC. AEP Ohio will purchase 100 MW from a wind farm in Benton County, Ind., that is being developed by BP Wind Energy. AEP's Indiana Michigan Power unit will purchase another 50 MW from the same wind farm in Benton County. All of the PPAs are for 20 years. Pricing terms are confidential.
‘We have been able to effectively execute our aggressive plan to add 1,000 MW of wind energy to serve our customers in just a few years due to the rapid growth in U.S. wind projects,’ says Michael G. Morris, chairman, president and CEO of AEP.
When the wind generation from these new contracts is online, AEP's generation mix will include 310 MW of wind generation owned and operated by AEP in Texas and another 1,371 MW of long-term wind energy purchase agreements for a total of 1,681 MW of wind energy in the company's generation portfolio.
SOURCE: American Electric Power