American Electric Power Co., Inc. (AEP) has outlined a strong growth trajectory through 2030, targeting an earnings growth rate of 7% to 9%, with a compounded annual growth rate (CAGR) of 9%. This projection is supported by a $72 billion capital investment plan over the next five years, aimed at modernizing infrastructure and expanding capacity.
AEP expects its rate base to grow at a about 10% CAGR through 2030, reflecting continued investment in regulated utility assets.
The company also anticipates peak electricity demand to reach approximately 65 gigawatts (GW) by 2030, driven by factors such as industrial expansion and increased electrification.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.