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    Home > Chemicals Industry > International Chemical > AEP plans to increase investment in wind and solar projects

    AEP plans to increase investment in wind and solar projects

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Recently, the US power company AEP released a report outlining the company's future clean energy strategy, planning to increase investment in wind and solar projects
    .
    The strategy includes new CO2 reduction targets and investments in renewable resources, as well as advanced technologies
    to improve grid efficiency.

    The new report showcases AEP's strategy for CO2 reduction targets and investments in renewable resources, as well as advanced technologies
    to improve grid efficiency.

    In the report, AEP outlines a business strategy that will lead to reducing its power plants' CO2 emissions from 60% in 2000 to 60% in 2030 and 80%
    in 2000 by 2050.

    AEP wants to reduce CO2 emissions through a variety of actions, including investments in renewable energy generation and advanced technologies, investing in transmission and distribution systems to improve efficiency, increasing the use of natural gas, and expanding demand response and energy efficiency projects
    .

    AEP's Chairman, President and CEO said, "AEP is committed to modernizing the grid, expanding renewable energy resources and providing cost-effective and reliable energy
    to our customers.
    Our customers want to collaborate to provide cleaner energy and new technologies while continuing to provide reliable, affordable energy
    .
    Our investors expect us to protect their investments in our companies, deliver attractive returns and manage climate-related risks, and this long-term strategy allows us to do both
    .

    AEP is also investing in renewable energy
    in competitive markets.
    Between 2018 and 2020, the company plans to invest approximately $1.
    2 billion in contract renewable and renewable energy combined with energy
    storage.

    To improve the efficiency and resilience of energy transmission systems, AEP's strategy includes plans to invest nearly $13 billion
    in its transmission and distribution systems over the next three years.
    AEP has incorporated future carbon regulations into the company's evaluation
    of power generation resource choices over the years.
    Since 2000, the company has reduced its CO2 emissions by 44%.

    (This article first published cable network: /, please indicate the source for reprinting)

    Recently, the US power company AEP released a report outlining the company's future clean energy strategy, planning to increase investment in wind and solar projects
    .
    The strategy includes new CO2 reduction targets and investments in renewable resources, as well as advanced technologies
    to improve grid efficiency.

    solar energy

    The new report showcases AEP's strategy for CO2 reduction targets and investments in renewable resources, as well as advanced technologies
    to improve grid efficiency.

    In the report, AEP outlines a business strategy that will lead to reducing its power plants' CO2 emissions from 60% in 2000 to 60% in 2030 and 80%
    in 2000 by 2050.

    AEP wants to reduce CO2 emissions through a variety of actions, including investments in renewable energy generation and advanced technologies, investing in transmission and distribution systems to improve efficiency, increasing the use of natural gas, and expanding demand response and energy efficiency projects
    .

    AEP's Chairman, President and CEO said, "AEP is committed to modernizing the grid, expanding renewable energy resources and providing cost-effective and reliable energy
    to our customers.
    Our customers want to collaborate to provide cleaner energy and new technologies while continuing to provide reliable, affordable energy
    .
    Our investors expect us to protect their investments in our companies, deliver attractive returns and manage climate-related risks, and this long-term strategy allows us to do both
    .

    AEP is also investing in renewable energy
    in competitive markets.
    Between 2018 and 2020, the company plans to invest approximately $1.
    2 billion in contract renewable and renewable energy combined with energy
    storage.

    To improve the efficiency and resilience of energy transmission systems, AEP's strategy includes plans to invest nearly $13 billion
    in its transmission and distribution systems over the next three years.
    AEP has incorporated future carbon regulations into the company's evaluation
    of power generation resource choices over the years.
    Since 2000, the company has reduced its CO2 emissions by 44%.

    (This article first published cable network: /, please indicate the source for reprinting)

    /
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