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0.000872457604013286 0.000436228802006566 5.4528600250782E-05 -0.00185397240852829 -0.0039805878183108 -0.0031626588145483 0.000218114401003283 -0.00856099023938052
Stock impact report

SWEPCO Expands Generation Capacity with New Power Plants [Yahoo! Finance]

American Electric Power Company, Inc. (AEP) 
Last american electric power company, inc. earnings: 2/20 06:57 am Check Earnings Report
US:NYSE Investor Relations: aep.com/investors
Company Research Source: Yahoo! Finance
American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of several new generation projects, pending regulatory approval. These initiatives are designed to enhance SWEPCO's diverse energy portfolio by adding natural gas facilities alongside new wind and solar farms, addressing the growing capacity demands of our customers in a cost-effective manner. As part of the company's vision to improve customers' lives with reliable and affordable power, today's announcement includes future development of a 450-Megawatt (MW) natural gas plant to be located at a previously retired plant site in Hallsville, Texas . Natural gas is the leading fuel for electric generation nationwide, accounting for 48% of SWEPCO's existing power generation portfolio. Its turbines offer a reliable and dispatchable energy source, capable of ramping up within minutes. Due in large part to the evolving reserve requirements set by the Southwest Power Pool , SWEPCO anticipates an increasin Show less Read more
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