New Projects, Wind

AEP unit seeks wind power contracts

Public Service Co. of Oklahoma, a unit of American Electric Power (NYSE: AEP), has issued a request for proposals for long-term purchases of up to 200 MW of wind energy.

Proposals must rely on wind projects in advanced stages of development and capable of benefitting from production tax credits. Delivery period will begin on January 1, 2016, and any contracts related to the RFP would be subject to approvals from the Oklahoma Corporation Commission.

The RFP will fulfill a part of PSO’d energy requirements consistent with the company’s latest Integrated Resource Plan, as any purchases will go to replace a PPA that is expiring at the end of 2015. Proposals must be submitted by July 1. More information can be found by clicking here.

Read more new renewable projects news