5/1/2017
Appalachian Power submits 2017 Virginia Integrated Resource Plan showing continued growth in generation diversity

ROANOKE, Va., May 1, 2017 – Appalachian Power has today filed its 2017 Integrated Resource Plan (IRP) with the Virginia State Corporation Commission (SCC). The IRP provides a blueprint for how the company plans to meet forecast load obligations in the Commonwealth over the next 15 years through continued reliance on existing coal, natural gas and hydro generation plants and renewable energy contracts, while increasing large-scale or “universal” solar and wind energy, and energy efficiency programs.

Appalachian files its IRP with the SCC annually in Virginia.  In its West Virginia territory, the company submits a plan every five years to the state’s Public Service Commission.

The IRP provides a forecast of the company’s load requirements and a plan to meet those obligations with supply- and demand-side resources over 15 years while maintaining reasonable customer prices, reliable service, energy independence, and environmental responsibility. 

“This plan continues Appalachian Power’s power generation philosophy of delivering reliable power at a reasonable price to our customers through a diversified portfolio of resources,” said Chris Beam, Appalachian’s president and chief operating officer. “We will continue to be primarily a coal-fueled company, but based on lowering costs and growing customer expectations there will be an increasing contribution of renewable resources in our future energy mix.”

The 2017 IRP identifies several key components to meet its load obligations: further diversification of its mix of supply-side resources; incorporation of additional demand-side resources including energy-efficiency programs; and recognition that residential and commercial customers will add distributed generation resources, primarily rooftop solar.

The company’s proposed plan includes:

  • The addition of 500 megawatts (MW) of universal solar by 2031;
  • The addition of 1,350 MW of wind energy by 2031;
  • The addition of 10 MW of battery storage resources in 2025;
  • The implementation of customer and grid energy efficiency programs reducing 203 MW of capacity requirements by 2031;
  • The assumed addition of 123 MW of customer-owned distributed generation, primarily rooftop solar, by 2031; and
  • Continued operation of existing coal and gas-fueled generating plants, hydro-electric facilities, and wind resources; and the expected retirement of Clinch River Units 1 and 2 in 2026.

 

The SCC will schedule a public hearing for Appalachian’s 2017 IRP. The complete filing may be found on the SCC website: http://www.scc.virginia.gov/case.  

Appalachian Power has 1 million customers in Virginia, West Virginia and Tennessee (as AEP Appalachian Power). It is a unit of American Electric Power, one of the largest electric utilities in the United States, delivering electricity and custom energy solutions to nearly 5.4 million customers in 11 states. AEP owns the nation’s largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP also operates 224,000 miles of distribution lines.  AEP ranks among the nation’s largest generators of electricity, owning approximately 26,000 megawatts of generating capacity in the U.S. AEP supplies 3,200 megawatts of renewable energy to customers.

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John Shepelwich
jeshepelwich@aep.com

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