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RELIABILITY CORPORATION WARNS OF POTENTIAL BLACKOUT RISKS

Hot weather, a growing economy and the early retirement of coal-fired plants could mean a heightened risk of blackouts this summer, according to the nation’s electric grid watchdog.

The North American Electric Reliability Corporation (NERC) has warned that parts of the upper Midwest face a “high risk” of energy emergencies under certain conditions, such as extreme heat or unexpected generator outages.

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Alliant Energy Completes First Customer-Hosted Rooftop Solar Site in Dodgeville

The first solar rooftop installation of Alliant Energy’s Customer-Hosted Renewables program is now operational in Iowa County. The 300-kilowatt solar system utilizes over 700 solar panels on 29,000 square feet of Iowa County’s new Law Enforcement Center roof in Dodgeville, Wisconsin. It will provide clean energy to the local electric grid and at maximum output could produce enough energy to power nearly 50 homes.

Madison Solar Project Delivering Locally Generated Clean Energy

Madison Gas and Electric’s latest solar array, the 8-megawatt Hermsdorf Solar Fields, is fully operational and delivering locally generated, sustainable energy to MGE's distribution grid. The project in southeast Madison provides solar energy to the City of Madison and to the Madison Metropolitan School District under MGE's innovative Renewable Energy Rider.

PSC Awards $10 Million in Energy Innovation Grants for 46 Projects

The Public Service Commission has awarded $10 million in funding from the Energy Innovation Grant Program. The grants went to forty-six projects that reduce energy consumption and demand, install renewable energy and battery storage technologies, and create comprehensive energy plans. Applications for this grant cycle were due on January 14, 2022. The PSC received 105 applications requesting more than $31 million in funding.

“I am thrilled with the grants that were funded today, which will support manufacturers, farms, local governments, schools, nonprofits, and residents across Wisconsin invest in innovative clean energy projects and save on energy costs,” according to PSC Commissioner Tyler Huebner. “The Energy Innovation Grant Program is a vital resource to help in our statewide efforts to keep energy affordable and reduce carbon emissions.”

Alliant Energy Announces First Quarter 2022 Earnings

Alliant Energy Corporation has announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the three months ended March 31.

“We had a solid start to the year with more than 25 percent of our 2022 guidance midpoint coming in the first quarter, and we are reaffirming our 2022 guidance range of $2.67 to $2.81,” said John Larsen, Alliant Energy Chair, President and CEO. “We are also excited to share yet another major milestone in our purpose-driven clean energy transition, receiving verbal approval today for the remaining 414 megawatts of our nearly 1,100 megawatt proposed solar expansion in Wisconsin.”

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Xcel Energy First Quarter 2022 Earnings Report

Xcel Energy has reported 2022 first quarter GAAP and ongoing earnings of $380 million, or $0.70per share, compared with $362 million, or $0.67 per share in the same period in 2021.

Earnings reflect capital investment recovery and other regulatory outcomes, partially offset by higher depreciation, interest expense and operating and maintenance expenses.

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PSCW Wants State's Energy Efficiency Program to Play a Larger Role in Cutting Emissions

The state’s utility regulators want Wisconsin’s energy efficiency program to play a larger role in cutting carbon emissions as part of efforts to combat climate change.

The Public Service Commission has voted 2-1 for the state’s Focus on Energy program to play a greater role in cost-effectively cutting carbon emissions while continuing to emphasize energy savings. However, Republican lawmakers are wary. 

Commissioners have supported research, planning and investment of resources that would set Focus on a path toward playing a larger role in promoting replacement of fossil fuels with electricity to reduce emissions and energy costs.

The commission stopped short of fully changing Focus on Energy’s goals, opting instead to treat the next four years as a “transitional period” in which the program maintains an emphasis on energy savings while also making “measurable progress” toward reducing carbon emissions.

Xcel VP for Regulatory Affairs Named for Texas-New Mexico Service Area

Brooke Trammell, who has served as regional vice president for Rates and Regulatory Affairs for Xcel Energy’s Colorado jurisdiction since 2018, has accepted the position of Regional Vice President for Regulatory and Pricing for the Texas and New Mexico system, succeeding Bill Grant who is retiring June 1. Trammell has been with Xcel Energy for almost a decade, starting in Amarillo as a regulatory case specialist in September 2012 before taking the role of rate case manager in 2014.

She left regulatory in 2016 when she was named director for Customer and Community Relations in Texas and New Mexico.

 

Klappa, Lauber Highlight Year at Annual Meeting

At WEC Energy Group's virtual annual meeting of stockholders Executive Chairman Gale Klappa and President and CEO Scott Lauber highlighted how the company is building a bridge to the future with aggressive environmental goals and a focus on affordable, reliable and clean energy. They also emphasized how the company's focus on efficiency and financial discipline, along with favorable weather and a solid economic recovery in the region, resulted in record net income and earnings per share.  

2021 Company Highlights:

  • Named one of America's most responsible companies by Newsweek Magazine.
  • Developed the largest five-year capital plan in company history, including nearly 2,400 megawatts of new renewable capacity to serve customers of We Energies and Wisconsin Public Service.
  • Announced industry leading environmental goals with an operating plan to achieve them.
  • Sixty percent reduction in CO2 emissions from electric generation by the end of 2025.
  • Eighty percent reduction in CO2 emissions from electric generation by the end of 2030.
  • Net methane neutral in natural gas distribution operations by the end of 2030.
  • Announced a plan to exit from coal for power generation by the end of 2035, with minimal use by the end of 2030.
  • Strengthened the diversity of company leadership, 36 percent of senior vice president and above positions filled by women or minorities compared to 29 percent at year-end 2020.
  • Achieved $270 million in spending with diverse suppliers.
  • Returned $855 million to WEC Energy Group stockholders through dividends.
  • Increased dividends in January 2022 by 7.4 percent to an annual rate of $2.91 per share. This marks the 19th consecutive year of higher dividends.

WEC Energy Group Reports First-Quarter Results

WEC Energy Group has reported net income of $565.9 million, or $1.79 per share, for the first quarter of 2022, up from $510.1 million, or $1.61 per share, for last year's first quarter. Consolidated revenues totaled $2.9 billion, up $216.7 million from the first quarter a year ago.

"A colder than normal winter, a strong economy and the performance of our infrastructure segment were the major factors driving our first-quarter results," said Gale Klappa, Executive Chairman. "The year is off to a solid start as we continue to focus on the fundamentals of our business."

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ALLIANT ENERGY'S NEW PORTAGE BATTERY UNIT CAPABLE OF POWERING 5,000 HOMES

Alliant Energy is building a battery storage unit in Portage that will be able to supply power in short stretches to 5,000 homes. Battery storage units store energy from the sun as alternating current power for later use. The new 5-megawatt energy storage system in Portage will double Alliant Energy’s Midwest battery storage capacity. Alliant, like other utilities, has been piloting advances in battery storage technology. The Portage unit will be Alliant’s fourth in the state and eighth in the Midwest.

“Battery storage will ensure we continue to deliver safe, clean and reliable energy to our customers as we grow our renewable energy portfolio,” said David de Leon, President of Alliant Energy’s Wisconsin energy company. 

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PEOPLE | May 2022

AMERICAN TRANSMISSION COMPANY ANNOUNCES PROMOTION
American Transmission Co. has named Greg Levesque Vice President of External Affairs and Communications.

In this newly created position, Levesque will oversee policy, government affairs, real estate, environmental, customer relations, interconnection services, local relations and corporate communications.

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ALLIANT ENERGY & UW–MADISON COLLABORATE

Alliant Energy and the University of Wisconsin–Madison will partner on a solar and agricultural research project to be established on university owned land just west of Lake Kegonsa.

The Board of Regents of the University of Wisconsin System has approved a request from UW–Madison to enter into a lease agreement with Alliant Energy and proceed with the development of the solar and agricultural research project at their Kegonsa Research Campus.

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MGE’S NEWEST SOLAR ARRAY SERVES THE CITY OF MADISON AND SCHOOL DISTRICT

Madison Gas and Electric’s latest solar array, the 8-megawatt (MW) Hermsdorf Solar Fields, is fully operational and delivering locally generated, sustainable energy to MGE's distribution grid. The project in southeast Madison provides solar energy to the City of Madison and to the Madison Metropolitan School District (MMSD) under MGE's innovative Renewable Energy Rider (RER).

"We are excited to have this solar array in service, providing carbon-free, cost-effective electricity as we continue to grow our use of renewable energy and move toward net-zero carbon electricity by 2050," said Jeff Keebler, MGE Chairman, President and CEO. "Thank you to the City of Madison and MMSD for their partnership on this project, which provides another source of locally generated clean energy and is another step toward our shared sustainability goals."

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XCEL ENERGY FOUNDATION LAUNCHES ENERGIZING THE FUTURE GRANT

As the Xcel Energy Foundation opens applications for its 2022 grant program, it’s announcing the launch of Energizing the Future. This new giving plan better aligns Xcel Energy’s business priorities to reflect diversity, equity and inclusion commitments, while creating a stronger community. The Foundation has also increased annual grant funding in 2022 to $4.4 million, from $3.8 million in 2021, for the company’s eight state service area, strengthening the company’s overall community impact.

“We’re only as strong as the communities we serve, and we see these changes as an opportunity to bring even greater value while also recognizing and reinforcing the importance of our commitment to diversity, equity and inclusion,” said Mark Stoering, president of Xcel Energy, Wisconsin and Michigan. Energizing the Future will consist of three focus areas including STEM career pathways, environmental sustainability and community vitality.

WISCONSIN'S LARGEST SOLAR FARM WILL BE BUILT IN DANE COUNTY

Wisconsin’s largest solar farm to date has been approved by state regulators, to be constructed later this year on nearly 5,000 acres of farm land in Dane County. The Koshkonong Solar Energy Center will produce enough energy to power about 80,000 homes once it's completed at the end of 2024.

The project is being developed by Invenergy, a Chicago-based developer and will later be sold to Wisconsin Electric Power Company, Wisconsin Public Service Corp. and Madison Gas and Electric Company for $649 million. The solar energy center will include 300 megawatts of solar and a 165 megawatt battery energy storage system on approximately 7 square miles of agricultural land in the towns of Christiana and Deerfield. About 3.75 square miles will be developed for the project.

Transmission Line Delay Will Jeopardize the Delivery of Clean Energy

Utilities seeking to build a transmission line connecting Iowa and Wisconsin are appealing a court decision blocking the Mississippi River crossing and say construction delays could leave the power grid more vulnerable to blackouts, limit clean energy production and lead to higher electricity prices.

Earlier this year, federal Judge William Conley sided with four conservation groups that sued to stop the $492 million Cardinal-Hickory Creek line, finding the environmental review was inadequate and the project is incompatible with the Upper Mississippi River National Wildlife and Fish Refuge.

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American Transmission Co. Announces Promotion

American Transmission Company has named Greg Levesque vice president of external affairs and communications.

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Forbes names Alliant Energy to America’s Best

For the fourth year in a row, Alliant Energy has been named to Forbes list of America’s Best Midsize Employers. Presented by Forbes and Statista Inc., the list spans twenty-five industry sectors and recognizes 500 large and 500 midsize employers in the United States. 


“This recognizes the great people at Alliant Energy and the way they bring our purpose to life,” said Diane Cooke, Vice President of Human Resources at Alliant Energy. “Guided by a shared purpose of supporting customers and building stronger communities, we work together to create a safe workplace where everyone feels like they belong and can use their unique backgrounds, talents and perspectives to their fullest potential.”

MGE, WEC Energy to Purchase Additional Solar, Battery Storage

Madison Gas and Electric, in partnership with We Energies and Wisconsin Public Service subsidiaries of WEC Energy Group, has received approval from the Public Service Commission of Wisconsin to purchase solar energy and battery storage from the Paris Solar-Battery Park. MGE will own 20 MW of solar energy and 11 MW of battery storage from the 200 MW solar and 110 MW battery storage facility in Kenosha County, Wisconsin.

“We are working every day toward deep carbon reductions and net-zero carbon electricity by 2050,”according to Jeff Keebler, MGE’s Chairman, President and CEO. “The Paris Solar-Battery Park continues the progress we’ve already made increasing renewable energy, reducing carbon emissions and advancing new technologies to benefit all our customers. MGE’s first addition of utility-scale battery storage is a new and important technology to help us reach our sustainable energy goals.”

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