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OUR VISION

We’re redefining the future of energy and developing forward-thinking solutions that provide both clean and affordable energy to power the communities we serve. Our goal? Produce and deliver energy that empowers positive social, economic and environmental change.

OUR PLANS

AEP is at the forefront of the energy industry’s transformation. We’ve developed next-generation sustainability goals to guide us as we create a brighter energy future. Some highlights of our clean energy strategy include:

  • Achieving net zero carbon dioxide emissions by 2045, with an interim goal to cut emissions 80% from 2005 levels by 2030
  • Growing our renewable generation portfolio to approximately 50% of our total capacity by 2033
  • Adding nearly 14,000 megawatts of regulated wind and solar through 2033
  • Investing $9.4 billion in renewables through 2028
  • Continuing to invest in a smarter, more modern power grid
  • Educating customers on how to optimize their energy efficiency
  • Advocating for and enabling wider usage of electric vehicles

HARNESSING THE WIND

With the help of wind turbines, we’re taking one of nature’s most powerful forces and converting it into clean electricity.

  • Our North Central wind project includes the largest single-site wind farm in North America and provides 1,484 megawatts of new clean energy to serve customers in Arkansas, Louisiana and Oklahoma.
  • We plan to add up to 8,982 megawatts of new wind in our regulated states through 2033.

TURNING RAYS TO WATTS

We’re capturing the sun’s potential and turning it into emissions-free energy to power homes, businesses and communities across the country.

  • From 2024 to 2033, we plan to add up to 7,470 megawatts of solar energy to our portfolio.
  • Indiana Michigan Power’s St. Joseph Solar Farm is a partnership with the University of Notre Dame and generates 20 megawatts of clean energy, enough to power 2,700 homes annually. The solar plant provides educational and research opportunities, and Notre Dame has committed to purchasing 40% of the renewable energy credits (RECs), which represent the clean energy generated by the solar farm. This is one of five solar power plants serving our customers in Indiana and Michigan.

TAKING THE LEAD

As one of the nation’s largest energy companies, we understand our important role in creating a sustainable future. AEP is leading by example while using the power of technology and innovation to reduce our environmental footprint.

  • We plan to replace our entire fleet of cars and light-duty trucks with electric vehicle alternatives by 2030 and will convert medium- and heavy-duty vehicles as electric or hybrid models become available.
  • We’re working to develop the new technologies that will enable a clean energy future, including our involvement in the Low-Carbon Resources Initiative to accelerate the research and development of low- and zero-carbon energy technologies.
  • AEP is a member of the National Electric Highway Coalition, a collaboration among electric companies to provide electric vehicle fast charging stations that will allow the public to drive EVs with confidence along major U.S. travel corridors by the end of 2023.

Transforming Our Generation Fleet - AEP's Generating Resource Portfolio

2023 data as of 9/30/2023; 2023 and 2033 data adjusted to include the sale of unregulated contracted renewable assets completed in August 2023. Capacity includes both owned and PPA generation. Energy Efficiency / Demand Response represents avoided capacity rather than physical assets.

Reduced carbon dioxide emissions 66% from
2005-2022

Reduced sulfur dioxide emissions 98% from
1990-2022

Reduced nitrogen oxide emissions 95% from
1990-2022

Reduced mercury emissions 98% from 2001-2022

Corporate Sustainability

Through our strategic initiatives, we’re committed to providing the energy our customers need while reducing our environmental footprint.

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Powering Forward to Net Zero: AEP’s Climate Impact Analysis

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