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Sat09202014

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Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could be looking at economic losses of around 2 ...

South Asian countries face economic losses due to climate change – A.D.B. report

South Asian countries face economic losses due to climate change – A.D.B. report

Various countries in the South Asian region are looking at significant losses du...

World Bank aids Laos’ hydropower with $40 million in financing

World Bank aids Laos’ hydropower with $40 million in financing

The World Bank Group has inked two agreements for around $40 million in financin...

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Wind turbine manufacturer Vestas and private energy asset developer EP Global En...

World Bank commits $5 billion for African renewable energy projects

World Bank commits $5 billion for African renewable energy projects

The World Bank Group has committed US$5 billion towards supporting energy projec...

Seven creative ways to teach your kids about eco-living

Seven creative ways to teach your kids about eco-living

According to Bureau of Labor Statistics, 3.1 million jobs in the United States w...

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

The Asian Development Bank will provide Indonesia a loan of up to $50 million to...

Business

Technology

Chewing produces power with new energy harvesting chin strap

Chewing produces power with new energy harvesting chin strap

Thursday, 18 September 2014

The newest clean energy source could be your own jaw. According to a group of researchers in Canada, jaw movements – from eating, chewing and talking ...

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Politics

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

Tuesday, 16 September 2014

China has taken a big step towards reducing its hydrochlorfluorocarbons by closing down five HCFC production lines. The closure of the five HCFC produ...

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Living Green

Nineteen easy ways students can help save Mother Earth

Nineteen easy ways students can help save Mother Earth

Thursday, 18 September 2014

Students are young, creative, energetic and outspoken that is why they have the perfect qualities to help save mother earth. They can be great eco-war...

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Renewables

Low-Carbon

How green energy is used as a good business magnet

How green energy is used as a good business magnet

Thursday, 18 September 2014

The impetus for businesses turning to renewable energy is simple: to fight climate change. There’s no resource more important than the planet we live ...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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American Electric Power issues request for proposals for 1,100 MW of renewable energy resources


Company logo of American Electric Power. Image sourced
from American Electric Power

American Electric Power (AEP), one of the largest electric utilities in the United States, has issued a request for proposals (RFP) that seeks long-term purchases of up to 1,100 megawatts (MW) of renewable energy resources.

These proposals must include wind, certified low-impact hydro, commercial-scale solar, geothermal, biologically-derived methane gas, and certain biomass and biofuels energy projects. The electricity generated from these renewable energy resources must be interconnected to PJM Interconnection (PJM) or Southwest Power Pool (SPP). The generation should be fully operational no later than December 31, 2011.

The RFP for renewable energy resources aids in AEP’s goal to add two gigawatts of new wind or other renewable energy by the end of 2011. This is part of the company’s plan to reduce its greenhouse gas emissions.

The company’s wind portfolio consists of 1,783 MW of wind energy, including 310 MW owned and operated by AEP in Texas and 1,473 MW acquired through long-term power purchase agreements.

By diversifying its fuel mix with additional renewable energy resources, the company will be able to expand the development of these energy resources, supply power to its customers, and reduce the greenhouse gas emissions, said Michael Morris, Chairman, President and Chief Executive Officer of AEP.

“Expansion of renewable power will require significant investment in transmission infrastructure to transport renewable energy from where it can be viably produced to population centers. On a national level, we must move forward with legislation that will support construction of a national extra-high voltage transmission system. Without significant extra-high voltage transmission investment, our national renewable aspirations cannot be achieved,” he added.

American Electric Power is one of the largest generators of electricity in the United States, owning nearly 38 gigawatts of generating capacity in the country. The company also owns the nation’s largest electricity transmission systems, a 39,000-mile network that includes more than 765-kilovolt extra-high voltage transmission lines. AEP’s headquarters is located in Columbus, Ohio.


- Natassia Y. Laforteza


Sources:

1 http://www.aep.com/newsroom/newsreleases/?id=1551
2 http://www.aep.com/

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