American Electric files special joint contract with Google

Indiana Michigan Power, or I&M, recently filed a special, joint contract with Google (GOOG), designed to support I&M’s capacity needs through clean generation and use of a Demand Response structure. This special contract, which is the result of collaborative efforts between the two organizations, further supports I&M’s ability to provide reliable and affordable service for all customers as communities continue to experience significant economic growth. The contract filed with the Indiana Utilities Regulatory Commission, or IURC, on July 30 outlines a custom Demand Response structure, aligning with Google’s operating capabilities. By participating in this program, Google will leverage new capabilities that allow it to reduce or shift electricity demand to carry out non-urgent tasks during hours when the electric grid is under less stress. This offering will be used to reduce I&M’s peak load in times of high energy demand, similar to programs currently available to residential and commercial/industrial customers. The contract represents a significant commitment by Google to support sustainability and affordability of I&M’s electric service, while reducing operational impacts it may have on peak energy needs. Google announced plans to build a $2B data center in Fort Wayne in April 2024. This investment is among the largest economic development projects in the state of Indiana, bringing significant benefits to local communities.