AEP Ohio Economic Development Action Plan

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Tim Wells, AEP Ohio Economic & Business Development Manager, presented AEP Ohio’s Economic & Business Development Action Plan at the AEP Ohio Economic Development Forum on 9/17/12.

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AEP Ohio Economic Development Action Plan

  1. 1. AEP Ohio Economic & Business Development Action Plan Tim Wells, CEcD Manager, Economic & Business DevelopmentAEPED.com
  2. 2. AEP Ohio E&BD Action Items• Business Attraction• Community Assistance• Shale Gas• OrganizationalAEPED.com 2
  3. 3. Business Attraction• Goal: Identify and locate firms for which Ohio and AEP Ohio have a competitive advantage• AEP Ohio Industry Targets – Chemicals, Machinery, Transportation Equip., Fabricated Metals, Food – Shale Gas Related – Existing Capacity• Develop & Nurture Projects• Traditional & Non-traditional PartnershipsAEPED.com 3
  4. 4. A Tale of Three Buildings Prospect Electric Load: 4 MW Prospect Timing: 6 months Existing cap.: 1.5 MW Existing cap.: 6.0 MW Need: Major upgrade Existing cap.: 2.0 MW Need: None Dist. to sub.: 2 mi. Need: Partial upgrade Dist.: On Site Timing: 12-18 mo. Dist.: 7,600 ft. Timing: Ready Timing: 9-12 mo. 1 2 3AEPED.com 4
  5. 5. Community Assistance• Goal: Support preparedness and product development activities of our partners.• Business Retention & Expansion – Regional EDO Strategies – Local EDO Strategies• AEP Ohio Asset Utilization – Site Readiness – AEP Data Center Site & Building Certification – SiteOhio CertificationAEPED.com 5
  6. 6. Shale Gas• Goal: Market AEP Ohio territory to shale gas industry.• Attraction – AEP E&BD – State & Local Partners• Site Identification – EDOs – Gas Utilities• Design, Build and Maintenance Services – Engineering, Procurement & Construction – Distribution, Transmission, Generators, Testing & TrainingAEPED.com 6
  7. 7. DBM Example AEP Transmission LineTransmission Line Tap Customer-owned Substation SITE AEPED.com 7
  8. 8. Sharpen the Saw• Goal: Build world class E. D. skill sets.• Updated Web Presence – aeped.com – Click “Ohio” – Featured Properties• Social Media – LinkedIn – Twitter• Training & Development for E. D. PartnersAEPED.com 8

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