AEP published its 2025 annual report highlighting load growth tied to data processing and other energy-intensive customers, alongside continued focus on customer affordability initiatives. The company outlined a USD 72 billion five-year capital plan centered on transmission infrastructure, new generation resources, and distribution reliability upgrades. AEP added 2.2 GW of owned generating capacity in 2025 and reported active requests for proposals covering about 12,700 MW of additional capacity. AEP Texas reported signed letters of agreement for an incremental 36 GW of load by 2030 as state rulemaking on large-load interconnections continues.
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