AEP, short for American Electric Power, is one of the largest electric utilities in the United States. Established in 1906, the company has a rich history and has played a crucial role in shaping the nation's electric power industry. Its headquarters is located in Columbus, Ohio.

AEP generates and distributes electricity to over 5 million customers across 11 states. It operates a diversified portfolio of energy assets, including coal, natural gas, oil, and renewable sources such as wind and solar. The company owns and operates more than 36,000 megawatts of generating capacity and maintains a vast transmission and distribution network.

On a global scale, AEP's focus primarily remains on serving its customers in the United States. However, the company has a few international interests through subsidiaries and partnerships. AEP Ohio, AEP Texas, and Appalachian Power are some of its noteworthy subsidiaries that provide electricity to various regions within the United States.

In terms of market position, AEP is one of the largest electricity generators and distributors in the United States. It is a Fortune 500 company and consistently ranks high among its competitors in the industry. AEP's global sales are primarily focused on the domestic market, where it competes with other major utilities such as Duke Energy, Southern Company, and Exelon Corporation.

AEP has continuously evolved its strategies and product lineup to adapt to changing market dynamics and environmental regulations. The company has made significant investments in renewable energy projects, aiming to reduce its carbon footprint and provide cleaner energy options to its customers. This shift towards renewables has helped AEP to stay ahead in a rapidly changing industry and fulfill its commitment to sustainability.

As of the latest updates, AEP continues to strengthen its position as a leading electric utility in the United States. The company remains focused on delivering reliable and affordable electricity while embracing cleaner energy sources. AEP's commitment to innovation and sustainability positions it well for future growth and enables the company to play a vital role in shaping the future of the electric power industry