American Electric Power

Startups’ Promising Results Energize IlluminationLAB Demo Day

Retrieved on: 
Thursday, September 12, 2019
Marketing, American Electric Power, Electric Power Research Institute, Augmented reality, AEP, Workforce productivity, Energy, Articles

NASHVILLE, Tenn., Sept. 12, 2019 (GLOBE NEWSWIRE) -- The Electric Power Research Institute (EPRI), American Electric Power (NYSE: AEP) and other utilities will hear the results of intensive 10-week real-world product trials today from six startup companies during IlluminationLAB Demo Day.

Key Points: 
  • NASHVILLE, Tenn., Sept. 12, 2019 (GLOBE NEWSWIRE) -- The Electric Power Research Institute (EPRI), American Electric Power (NYSE: AEP) and other utilities will hear the results of intensive 10-week real-world product trials today from six startup companies during IlluminationLAB Demo Day.
  • The startups were selected from a field of 132 applicants.
  • Among the pilot results being presented is Arios use of augmented reality to enhance workforce productivity, safety and efficiency.
  • Through EPRIs Incubatenergy program, AEP and the participating IlluminationLAB utilities are developing for next steps to expand the innovation challenge program.

AEP Accelerates Carbon Dioxide Emissions Reduction Target

Retrieved on: 
Tuesday, September 10, 2019
American Electric Power, AEP, Greenhouse gas, Climate change policy, Companies, Carbon dioxide, Economy of the United States, Energy

COLUMBUS, Ohio, Sept. 10, 2019 /PRNewswire/ --American Electric Power (NYSE: AEP) is cutting carbon dioxide emissions faster than anticipated and has revised its 2030 reduction target to 70 percent from 2000 levels.

Key Points: 
  • COLUMBUS, Ohio, Sept. 10, 2019 /PRNewswire/ --American Electric Power (NYSE: AEP) is cutting carbon dioxide emissions faster than anticipated and has revised its 2030 reduction target to 70 percent from 2000 levels.
  • AEP also is confident that it will cut carbon dioxide emissions by more than 80 percent from 2000 levels by 2050.
  • "We've made significant progress in reducing carbon dioxide emissions from our power generation fleet and expect our emissions to continue to decline.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Names Filipkowski Vice President, Information Technology

Retrieved on: 
Thursday, August 22, 2019
American Electric Power, AEP, Companies, Economy of the United States

COLUMBUS, Ohio, Aug. 22, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has named Greg Filipkowski vice president, Information Technology, effective Aug. 24.

Key Points: 
  • COLUMBUS, Ohio, Aug. 22, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has named Greg Filipkowski vice president, Information Technology, effective Aug. 24.
  • Filipkowski has been serving in this role on an interim basis and will continue to report to Lana Hillebrand, executive vice president and chief administrative officer.
  • "Greg's industry experience, technology background and leadership will continue to shape AEP's information technology efforts and help us meet these business challenges."
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Renewables Completes Purchase Of Santa Rita East Wind Project

Retrieved on: 
Wednesday, July 24, 2019
American Electric Power, Invenergy, Renewable energy, Energy, Economy of the United States, Companies

COLUMBUS, Ohio, July 24, 2019 /PRNewswire/ -- American Electric Power's (NYSE: AEP) AEP Renewables subsidiary has completed the purchase of 75 percent, or 227 megawatts (MW), of the Santa Rita East Wind Project from Invenergy Renewables LLC.

Key Points: 
  • COLUMBUS, Ohio, July 24, 2019 /PRNewswire/ -- American Electric Power's (NYSE: AEP) AEP Renewables subsidiary has completed the purchase of 75 percent, or 227 megawatts (MW), of the Santa Rita East Wind Project from Invenergy Renewables LLC.
  • In addition to Santa Rita East, AEP added 724 MW of wind and battery generation to its contracted renewable generation portfolio in April.
  • Long-term virtual power purchase agreements (VPPAs) are in place with Grupo Bimbo, Merck and Novartis for AEP Renewables' share of the Santa Rita East generation.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Schedules Live Webcast Of Quarterly Earnings Call

Retrieved on: 
Thursday, July 18, 2019
American Electric Power, AEP, Companies, Economy of the United States

COLUMBUS, Ohio, July 18, 2019 /PRNewswire/ --American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.

Key Points: 
  • COLUMBUS, Ohio, July 18, 2019 /PRNewswire/ --American Electric Power (NYSE: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
  • The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.
  • The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Receives Approval To Modify New Source Review Consent Decree

Retrieved on: 
Thursday, July 18, 2019
AEP, American Electric Power

The agreement is the fifth modification to a consent decree originally reached in December 2007 involving AEP, the U.S. Environmental Protection Agency, several northeastern states, the Sierra Club and other parties.

Key Points: 
  • The agreement is the fifth modification to a consent decree originally reached in December 2007 involving AEP, the U.S. Environmental Protection Agency, several northeastern states, the Sierra Club and other parties.
  • The original agreement settled allegations that AEP violated new source review provisions and made major modifications to its power plants without obtaining proper permits and installing best available technology to control emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx).
  • AEP has set a goal to cut its carbon dioxide emissions by 80% from 2000 levels by 2050.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Named Best Place to Work for Disability Inclusion For Fourth Consecutive Year

Retrieved on: 
Wednesday, July 17, 2019
American Electric Power, AEP, Australian Equality Party, Disability, Accessibility, Human activities, Companies

COLUMBUS, Ohio, July 17, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has been named a Best Place to Work for Disability Inclusion for the fourth year in a row.

Key Points: 
  • COLUMBUS, Ohio, July 17, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has been named a Best Place to Work for Disability Inclusion for the fourth year in a row.
  • The recognition was announced today by Disability:IN and the American Association of People with Disabilities, which conduct the Disability Equality Index (DEI), a national benchmarking tool that offers businesses the opportunity to self-report disability inclusion policies and practices.
  • The 2019 DEI survey evaluates cultural factors, leadership, community engagement, support services and workplace policies that promote accessibility.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

AEP Seeks To Add 1,485 MW Of New Wind Generation From Three Wind Facilities In Oklahoma

Retrieved on: 
Monday, July 15, 2019
Renewable energy, Low-carbon economy, Technological change, Energy, Wind power, American Electric Power

These projects were selected after competitive Request for Proposals (RFPs) to procure low-cost wind generation options for PSO and SWEPCO customers.

Key Points: 
  • These projects were selected after competitive Request for Proposals (RFPs) to procure low-cost wind generation options for PSO and SWEPCO customers.
  • Collectively, the three wind projects would provide more than 5.7 million megawatt-hours of new wind energy annually to serve customers in Arkansas, Louisiana, Oklahoma and Texas.
  • "AEP continues to add clean, renewable generation to our power plant fleet, driven by the expectations of our customers and technology advances.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.

Statement on the Passing of Mike Assante

Retrieved on: 
Wednesday, July 10, 2019
American Electric Power, Bethesda, Maryland, Bethesda

BETHESDA, Md., July 10, 2019 /PRNewswire/ --It is with deep sadness that the SANS Institute shares this statement on the passing of Mike Assante.

Key Points: 
  • BETHESDA, Md., July 10, 2019 /PRNewswire/ --It is with deep sadness that the SANS Institute shares this statement on the passing of Mike Assante.
  • Mike reached the end of a long and hard-fought battle with cancer on Friday, July 5.
  • Mike was selected as Naval Intelligence Officer of the Year in 1997 and was a prolific leader to the ICS security community for more than 20 years.
  • After exiting the Navy, Mike became one of the youngest Vice Presidents and Chief Security Officers for American Electric Power (AEP).

AEP Names Shepard Vice President, Utilities

Retrieved on: 
Monday, June 24, 2019
American Electric Power, AEP, Australian Equality Party, Companies, Economy of the United States

COLUMBUS, Ohio, June 24, 2019 /PRNewswire/ --American Electric Power (NYSE: AEP) has named Darren A. Shepard vice president, Utilities, effective June 29.

Key Points: 
  • COLUMBUS, Ohio, June 24, 2019 /PRNewswire/ --American Electric Power (NYSE: AEP) has named Darren A. Shepard vice president, Utilities, effective June 29.
  • Groff's team supports AEP's transmission and distribution organizations under Lisa M. Barton, executive vice president, AEP Utilities.
  • Shepard, 53, has served as director, Distribution Asset Management for AEP since 2018 and was director, Distribution Services from 2015 to 2018.
  • AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide.