The 998-MW Traverse project is the largest single wind farm
ever built at one time in North
America
COLUMBUS, Ohio, March 21,
2022 /PRNewswire/ -- American Electric Power's
(Nasdaq: AEP) 998-megawatt (MW) Traverse Wind Energy Center, the
largest single wind farm built at one time in North America and one of the largest wind
facilities worldwide, is now providing clean energy to customers in
Arkansas, Louisiana and Oklahoma.
Traverse is expected to generate 3.8 million megawatt-hours
annually for AEP's Public Service Company of Oklahoma (PSO) and Southwestern Electric Power
Company (SWEPCO) customers in Oklahoma, Arkansas and Louisiana. The 356-turbine facility spans
Blaine and Custer counties in north central Oklahoma.
Traverse is the third and final wind project to compose the
North Central Energy Facilities, which provide 1,484 MW of clean
energy and will save customers an estimated $3 billion in electricity costs over the next 30
years.
"Traverse is part of the next chapter in AEP's transition to a
clean energy future. The commercial operation of Traverse – the
largest single wind farm ever built at once in North America – and the completion of the
North Central Energy Facilities is a significant milestone in our
efforts to provide clean, reliable power to our customers while
saving them money," said Nicholas K.
Akins, AEP chairman, president and chief executive officer.
"AEP is investing $8.2 billion in
regulated renewables and nearly $25
billion in the transmission and distribution systems through
2026 to modernize the grid, enhance reliability and resilience and
deliver more emissions-free energy to our customers. Including
North Central, we plan to add approximately 16,000 MW of wind and
solar in our regulated states by 2030 as part of our goal to
achieve net zero carbon emissions by 2050."
The North Central Energy Facilities also include the 199-MW
Sundance and 287-MW Maverick wind projects, which began commercial
operation in April and September 2021
respectively.
Traverse, Maverick and Sundance represent a $2 billion investment in the U.S. economy through
jobs in manufacturing, construction, operations and maintenance, in
addition to generating property tax revenue and lease payments for
landowners. The projects were developed by Invenergy and are owned
by PSO and SWEPCO.
American Electric Power, based in Columbus, Ohio, is powering a cleaner,
brighter energy future for its customers and communities. AEP's
approximately 16,700 employees operate and maintain the nation's
largest electricity transmission system and more than 224,000 miles
of distribution lines to safely deliver reliable and affordable
power to 5.5 million regulated customers in 11 states. AEP also is
one of the nation's largest electricity producers with
approximately 31,000 megawatts of diverse generating capacity,
including more than 7,100 megawatts of renewable energy. The
company's plans include growing its renewable generation portfolio
to approximately 50% of total capacity by 2030. AEP is on track to
reach an 80% reduction in carbon dioxide emissions from 2000 levels
by 2030 and has committed to achieving net zero by 2050. AEP is
recognized consistently for its focus on sustainability, community
engagement, and diversity, equity and inclusion. AEP's family of
companies includes utilities AEP Ohio, AEP Texas, Appalachian Power
(in Virginia and West Virginia), AEP Appalachian Power (in
Tennessee), Indiana Michigan
Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power
Company (in Arkansas, Louisiana, east Texas and the Texas
Panhandle). AEP also owns AEP Energy, which provides
innovative competitive energy solutions nationwide. For more
information, visit aep.com.
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SOURCE American Electric Power