AEP Ohio, Intel receive Ohio approval on plan to power Licking …

Updated Thu, Sep 5, 2024, 8:42 AM1 min read. State regulators on Wednesday signed off on an agreement struck between AEP Ohio and Intel to provide power to Intel's $28 billion project in …

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AEP Ohio, Intel Receive Ohio Approval On Plan To Power Licking …

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Updated Thu, Sep 5, 2024, 8:42 AM1 min read. State regulators on Wednesday signed off on an agreement struck between AEP Ohio and Intel to provide power to Intel's $28 billion project in …

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Electric Build Up For Intel Will Cost $95 Million, All Of AEP Ohio's ...

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Aug 2, 2024 · Intel and AEP Ohio are asking state utility regulators to approve a proposed agreement for how the electric company will charge the semiconductor manufacturer for …

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AEP Ohio, Intel Receive Ohio Approval On Plan To Power Licking …

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Sep 4, 2024 · State regulators on Wednesday signed off on an agreement struck between AEP Ohio and Intel to provide power to Intel's $28 billion project in Licking County. “Adequate and …

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AEP Ohio, Intel Electric Deal Approved | News | Bryantimes.com

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Sep 5, 2024 · AEP Ohio will invest an estimated $95.1 million to construct a new electric substation facility to serve Intel with up to 500 megawatts of electric load. Intel will be required …

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AEP Ohio, Intel Rate Agreement Authorized By PUCO - Spectrum …

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Sep 4, 2024 · A rendering shows early plans for two new leading-edge Intel processor factories in Licking County, Ohio. Announced on Jan. 21, 2022, the $20 billion project spans nearly 1,000 …

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PUCO Authorizes AEP Ohio, Intel Arrangement

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AEP Ohio will invest an estimated $95.1 million to construct a new electric substation facility to serve Intel with up to 500 megawatts of electric load. Intel will be required to demonstrate …

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FAQs about AEP Ohio, Intel receive Ohio approval on plan to power Licking … Coupon?

Will Intel move into Licking County?

Intel prompts AEP to eye new transmission lines in Licking County. What we know: Intel prompts AEP Ohio to eye large transmission lines in Licking County. AEP Ohio wants to bolster its transmission system in Delaware and Licking counties in anticipation of energy-intensive businesses such as Intel moving into western Licking County. ...

How much will AEP invest in a new Intel substation?

AEP is investing $95.1 million to build an electric substation facility to serve Intel over the term of the 20-year agreement. Intel is expect to create 3,000 permanent jobs and 7,000 construction jobs as part of the project. [email protected] @BizMarkWilliams Work continues on the Intel computer chip manufacturing facility in New Albany. ...

Will Intel stay in Ohio?

Intel is still planning to stay in Ohio despite the delays, a spokesperson for the company said. “We’re proud to be building the Silicon Heartland and are well on our way to establishing Ohio One as one of the world’s leading semiconductor manufacturing hubs,” the spokesperson said. “We are committed to Ohio and are going to finish the job.” ...

Does Intel need to comply with government regulations?

“Intel needs to do the stuff that they’re required to do, and then I think the federal government’s willing to give them the money they promised,” DeMora said. The U.S. Department of Commerce requires businesses to comply with their regulations in order to get the money. We asked both the government and Intel where they were stuck. ...