Thu, Jul 9

NEWS: The DOE is loaning AEP Texas up to $3B to firm up its lines.

  • The details: AEP Texas will use those funds to build, repair, or reconductor nearly 3K miles of transmission lines—and support up to 41 GW of load growth. The utility predicts nearly $700M in customer savings over 30 years.

  • Good timing: Texas will need the added transmission capacity to accommodate rising hyperscaler interest. The Lone Star State faces an estimated 368 GW of demand by 2032 (ERCOT’s all-time peak: 86 GW).