AEP Southwestern Electric Power Co. (SWEPCO) announced Aug. 17 that it is issuing a request for proposals (RFP) for the purchase of up to 100 MW of wind energy assets as the company seeks to add more renewable energy by the end of 2018.
The American Electric Power (NYSE:AEP) utility is seeking proposals for up to 100 MW, with a minimum nameplate rating of 80 MW, are due Sept. 15, 2016. SWEPCO is seeking bids for projects that can be placed in commercial operation by Dec. 31, 2018.
Projects must be interconnected to the Southwest Power Pool (SPP) and located in Arkansas, Louisiana, Texas, Oklahoma, Kansas or Missouri.
Any projects selected through the RFP process will be reviewed for regulatory approval by the Arkansas Public Service Commission, Louisiana Public Service Commission and Public Utility Commission of Texas.
The RFP was issued by American Electric Power Service Corp. (AEPSC) on behalf of SWEPCO.
Both existing assets and projects under development are eligible for consideration so long as they are in commercial operation by the on-line date, according to the RFP.
The company hopes to select a short list by Sept. 30 and executive a final contract by Dec. 13. Regulatory filings would commence about Dec. 16.
“With the potential purchase of newly completed wind energy facilities, we are continuing SWEPCO’s strategy of diversifying our resource mix to provide reliable and affordable electricity for our customers in Arkansas, Louisiana and Texas,” said SWEPCO President and COO Venita McCellon-Allen.
“Our plans include significant increases in renewable energy, including wind and solar, and energy efficiency over the next 20 years. SWEPCO already has 469 megawatts of wind energy through purchase power agreements. With this RFP, we are seeking additional low-cost wind energy resources to serve our customers,” McCellon-Allen said.
SWEPCO serves 530,000 customers in northwestern and central Louisiana, western Arkansas, East Texas and the Panhandle area of North Texas. Its headquarters is in Shreveport, Louisiana. SWEPCO has 5,212 MW of overall generating capacity. In addition, SWEPCO has over 4,000 miles of transmission and 26,000 miles of distribution lines.