American Electric Power subsidiary issues new RFP for renewables and storage projects

Facebook
Twitter
LinkedIn
Reddit
Email
Image: Gary Machen/Flickr.

A subsidiary of American Electric Power (AEP) has issued a request for proposals (RFP) for off-take on new utility-scale new solar, wind, and battery energy storage systems located in the PJM Interconnection area.

Electricity company AEP Energy Partners (AEPEP) has issued a search for power purchase agreements (PPAs) for between 300MW and 500MW of renewable energy and battery storage projects across the 13 states and District of Columbia covered by PJM. It is seeking PPAs either 10, 12 or 15 years in length, but sellers are permitted to offer alternative options in their proposals.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

It said that the battery storage projects may be either standalone or co-located with another renewables project, and must account for 20% of nameplate capacity if collocated.

AEPEP has specified that the projects should be due to begin operation between now and 2024. Prospective developers are being asked to provide their intention to bid on or before 10 March, and a short list of bids will be selected in late April.

It has said it will use the power to support its growing retail and wholesale electricity business operations across PJM.

The power company sought proposals for new solar plants in the PJM powerpool area last August, and has since completed negotiations for those projects. AEPEP went on to request offtake for renewable energy facilities in Texas and Ohio set to come online in the next two years. The subsidiary said in its RFP statement that bids that were not awarded in the previous requests will need to be resubmitted in order to be considered.

AEP is hoping to add more than 8.6GW of new solar and wind capacity in the US by 2030 to serve its regulated utility customers.

Read Next

July 19, 2024
Investment fund Quinbrook Infrastructure Partners and its subsidiary Primergy Solar have reached commercial operations at their 690MWac/966MWdc Gemini solar-plus-storage project in Nevada.
July 19, 2024
The US Department of Energy (DOE) has issued a loan of up to US$861.3 million to support 200MW of solar PV and 285MW/1,140MWh of battery energy storage system (BESS) projects in Puerto Rico.
July 18, 2024
US solar manufacturer First Solar has opened its new research and development (R&D) centre in Ohio after almost two years of construction.
July 18, 2024
EDP Renewables North America (EDPR NA) has inaugurated the 200MW/40MW  Scarlet I solar-plus-storage project in Fresno County, California.
Premium
July 18, 2024
“We believe this policy will unlock opportunities for renewables as it increases electricity supply avenues."
July 18, 2024
Enel Green Power Australia has acquired a 1GW solar-plus-storage project in the Central-West Orana REZ in New South Wales from RES Group.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA