in News Departments > New & Noteworthy
print the content item

Columbus, Ohio-based American Electric Power (AEP) is doubling its goal of adding 1,000 MW of renewable energy to 2,000 MW by the end of 2011.

The goal is one of 12 new targets announced in the company's third annual corporate sustainability report. If the goal is reached, the company's renewable energy portfolio will be more than 2,600 MW by the end of 2011.

AEP has added 903 MW of wind generation since 2007, when the company committed to its original goal of adding 1,000 MW.

"Continuing to diversify our fuel mix with more renewable resources will allow us to meet our customers' energy needs and reduce our carbon footprint," says Michael G. Morris, AEP chairman, president and CEO.

AEP's sustainability report was prepared according to principles established by the Global Reporting Initiative (GRI), a voluntary framework used by organizations worldwide to measure and report their economic, environmental and social performance. It also was reviewed by GRI to ensure AEP reported on all core performance indicators.

The report details AEP's support of a federal energy policy and an economy-wide cap-and-trade program that will reduce greenhouse gas emissions, keep the cost of electricity reasonable for customers and foster international participation to address climate change.

For more information, visit aep.com.

SOURCE: American Electric Power


Trachte Inc._id1770
Latest Top Stories

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015