One of the nation’s largest utility operators said it remains committed to its $54 billion capital plan over the next five years to support its growing power demand, driven mainly by hyperscale data center demand, manufacturing reshoring, and major economic development growth across the United States.
Columbus, Ohio-based American Electric Power Inc. (AEP), which operates 11 regulated utilities across the Midwest, said the Trump administration’s tariff policy will have minimal impact on its multibillion-dollar capital plan, which includes customer commitments for more than 20 gigawatts of new commercial power through 2030.
