Indiana Michigan Power, an American Electric Power (AEP) company, submitted a plan with the Indiana Utility Regulatory Commission that calls for adding more than 2 GW of wind and solar energy generation by 2028.
I&M’s Integrated Resource Plan (IRP) provides a detailed analysis of future energy needs and how the company will meet those needs over the next 20 years. The first step will occur in coming months, when I&M issues a request for proposal (RFP) for approximately 800 MW of wind and approximately 500 MW of solar to meet customer needs, with half of those resources generating energy in 2025 and the remainder by 2026.
A second RFP is planned for later seeking proposals for about 800 MW of solar, 60 MW of battery storage and 1,000 MW from gas “peaking” units to meet the needs by 2028. Together, the new resources would more than quadruple I&M’s current solar and wind generation.
With the retirement of I&M’s coal-fueled Rockport Plant scheduled by 2028, the company’s plans also include a natural-gas peaking units and would potentially utilize hydrogen as a future fuel source to optimize environmental performance.