AEP, a U.S. power company, raises its capital plan to $78 billion amid surging power demand from data centers
3 day ago / Read about 0 minute
Author:小编   

On May 5, 2026, it was reported that AEP, a U.S. power company, has increased its five-year capital investment plan to $78 billion, an 8% rise from three months ago. This move is primarily driven by newly approved transmission investments in the PJM and SPP regions, as well as a new natural gas power generation project in Indiana. The surge in data centers has prompted AEP to expand its system, as major tech companies establish power-hungry data centers to support AI development, pushing U.S. power demand to new highs and compelling utility companies to increase investments in power generation and transmission infrastructure.