Friday 4 February 2022

I&M plans to add more than 2GW of renewable energy by 2028

I&M plans to add more than 2GW of renewable energy by 2028

Indiana Michigan Power (I&M) has set out plans to add more than 2GW of wind and solar energy generation by 2028.

It submitted the 'Powering the Next Tomorrow' plan with the Indiana Utility Regulatory Commission, with the proposed projects expected to generate enough green electricity to power around 4,000 average homes.

IMP intends to issue a request for proposal (RFP) for around 800MW of wind and around 500MW of solar over the coming months, with half of those resources generating energy in 2025 and the remainder by 2026.

A second RFP is planned for later, seeking proposals for around 800MW of solar, 60MW of battery storage and 1,000MW of gas peaking units to meet power demand by 2028.

The company's plan, expected to significantly reduce reliance on coal-fired generation, supports its parent company AEP's goals of achieving net zero carbon by 2050.

Steve Baker, President and Chief Operating Officer of I&M said: “I&M is pleased to continue its responsible, systematic transition to cleaner generation sources while ensuring we will meet our customers' needs for safe, reliable energy long into the future.

“I&M is Powering the Next Tomorrow by harnessing energy from the sun and wind, while ensuring we continue to have the necessary resources to power the homes, businesses and factories we serve 24/7.”

Written by

Bruna Pinhoni

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