Why AEP capital expenditure is rising now A rapid upswing in Oklahoma energy demand drives timing and scale. Companies add load quickly, and grid planners must respond. Therefore, AEP capital expenditure grows aggressively to meet firm contracts and expected large-load arrivals. In addition, industrial electrification, AI compute, EV charging, and data centers keep stacking new …
Tag: grid expansion
Data Center Growth Prompts $22B Xcel Energy Expansion
Xcel Energy Seeks Massive Power Expansion The explosive growth of data centers across the U.S. — including Oklahoma — is reshaping how utilities plan future power generation. One of the biggest examples is Xcel Energy, which recently told Colorado regulators it needs to invest $22 billion to meet new electricity demand. That demand is largely …