November 9, 2021 Read More →

American Electric Power on track to one-half renewables by 2030

The Columbus Dispatch:

American Electric Power, one of the nation’s biggest power generators, says it remains on track to get half of the electricity it produces from renewable sources by 2030 as it continues to move away from coal.

Columbus-based AEP also says it remains on track to reduce its emissions of carbon dioxide by 80% by 2030 and to be net zero by 2050.

As recently as 2005, coal-fired power plants made up 70% of AEP’s fleet.

AEP reiterated its forecast in conjunction with the annual Edison Electric Institute Financial Conference this week. The institute represents U.S. investor-owned electric companies. 

“AEP is committed to transforming the energy grid to better integrate renewable resources and deliver the low-cost, reliable energy that customers expect,” Nick Akins, AEP’s president, chairman and CEO, said in a statement.

[Mark Williams]

More: AEP remains on path to get half its power from renewable sources by 2030

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