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AEP contracted large load pipeline doubles to 56 GW
American Electric Power (AEP) announced a significant increase in its contracted large load pipeline, doubling to 56 GW by 2030, largely driven by data centers. The company plans a capital expenditure of $72 billion through 2030, with additional investments expected, and is seeking tariff approvals to ensure new loads pay for necessary infrastructure. AEP also reported an 18% jump in 2025 income due to rate increases and increased retail sales.