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MGE to Add More Solar, Battery Storage and Wind

businesswire.com
MGEE MGE Energy is expanding its renewable energy portfolio with significant investments in solar, battery storage, and wind projects, aligning with its net-zero carbon electricity goal and enhancing reliability and cost management. WEC WEC Energy Group, as the parent company of We Energies and Wisconsin Public Service, is involved in MGE's renewable energy expansion, but the article focuses more on MGE's specific projects and their impact.

MADISON, Wis.--( BUSINESS WIRE)--Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Public Service Commission of Wisconsin to purchase solar capacity, battery storage and wind capacity from four projects. MGE will own 35 megawatts (MW) of solar, 5 MW of battery storage and nearly 18 MW of wind in total from the different projects.

"The approval of these projects is another important step in our ongoing effort to reduce carbon emissions, increase our use of cost-effective renewable generation and advance new technologies to benefit all customers," said Jeff Keebler, MGE Chairman, President and CEO. "With our current plans, by 2030, we will have added more than 40 renewable generation and battery storage projects since 2015, totaling more than 750 MW, propelling us toward our goal of net-zero carbon electricity by 2050."

The four projects, of which MGE will own a 10% share, include:

By continuing to invest in geographically diverse utility-scale renewable generation projects, MGE is enhancing reliability, managing costs and accelerating the transition to a low-carbon future. These efforts are part of a broader strategy that includes:

Together, these initiatives help reduce carbon emissions and support a more sustainable Wisconsin.

About MGE

MGE generates and distributes electricity to 167,000 customers in Dane County, Wis., and purchases and distributes natural gas to 178,000 customers in seven south-central and western Wisconsin counties. MGE's parent company is MGE Energy, Inc. The company's roots in the Madison area date back more than 150 years.