AEP expects electric sales to jump 8.6% annually over 3 years
American Electric Power is in the early permitting phase for small modular reactors in Indiana and Virginia as data centers and industrial facilities drive demand for power. Dive Brief: American Electric Power expects the weather-normalized retail electric load across its 11-state service area will grow about 8.6% a year, on average, over the next three years, driven by new data centers and industrial facilities, company officials said during a quarterly earnings conference call on Thursday. AEP’s load growth estimate… Read More »
Read more
