Xcel Energy has received a national 2020 Climate Leadership Award from the Center for Climate and Energy Solutions and The Climate Registry, in partnership with America’s Pledge. The company was recognized with an Organizational Leadership award for its industry-leading carbon reduction efforts and its support for communities and customers in achieving their clean energy and climate goals.

“We are honored to receive this award for our commitment to addressing the risk of climate change through innovative policies and programs,” according to Ben Fowke, Chairman, President and CEO of Xcel Energy. “It’s an exciting time in the energy industry, and we are proving that by working together, we can achieve great things both for our customers and the environment.”

The award honors Xcel Energy for multiple industry-leading clean energy initiatives that are helping the company to achieve ambitious carbon reduction goals. Xcel Energy is making the nation’s largest multi-state wind investment that will increase its wind capacity 70 percent by 2022 under its Steel for Fuel strategy. It also is implementing or has proposed transformative clean energy plans that will retire half of its coal capacity between 2006 and 2027.

Gov. Tony Evers has appointed Tyler Huebner to the Public Service Commission filling a vacancy created by the resignation of Mike Huebsch effective February 3, 2020. This appointment was effective March 17, and Huebner will serve out the rest of Huebsch’s term that expires March 1, 2021.

“Tyler has spent his entire academic and professional career focused on energy and efficiency,” said Gov. Evers. “He is a passionate leader, whose experience will serve the Commission and the people of Wisconsin well. I look forward to seeing his good work to ensure safe, reliable, and affordable utility services for folks across our state.”

“I believe my leadership approach and firsthand experience will greatly benefit the Commission because I understand the importance of balancing the needs of utilities and customers, while accelerating Wisconsin’s transition into the 21st century,” said Huebner. “It is an honor to be appointed to the Commission and to continue my career of public service in this new role.”

Huebner has served as the Executive Director of RENEW Wisconsin since 2013 promoting the use and improving accessibility of renewable energy in Wisconsin. Prior to his time with RENEW, Huebner worked as an advanced program and policy analyst for the Wisconsin Division of Energy Services at the Wisconsin Department of Administration and as an energy technology program specialist at the U.S. Department of Energy, Energy Efficiency, and Renewable Energy Division. He earned a Master’s degree in Atmosphere and Energy from the Stanford University Department of Civil and Environmental Engineering in 2007 and a Bachelor’s in Electrical Engineering from the University of Iowa. Huebner lives in Madison with his wife, Heather Driscoll, and their two children.

Peregrine Falcons Return to Nest Boxes at WE Energies Power Plants 

Looking for something to do to connect with nature while going through this period of social distancing?

Peregrine falcons are back at We Energies and Wisconsin Public Service (WPS) power plants. Learn about an endangered species live via webcam. Tune into the high definition cameras 24/7 and watch as the raptors find love, lay eggs and raise their young. Find the webcam online at http://weenergies.blogspot.com/.

Xcel Energy has reported 2019 GAAP and ongoing earnings of $1,372 million, or $2.64 per share, compared with
$1,261 million, or $2.47 per share in 2018. Earnings reflect higher electric margins primarily due to non-fuel riders and
regulatory rate outcomes, higher natural gas margins and expenses, increased depreciation and interest expenses.
“We delivered strong financial results again in 2019, with earnings at the upper end of our guidance range. Xcel
Energy continues to deliver consistent and solid performance, meeting or exceeding earnings guidance for the 15th
consecutive year,” said Ben Fowke, chairman, president and CEO of Xcel Energy.

“We are proud of our continued progress in leading the clean energy transition on our path to 80% carbon reductions
by 2030 and 100% carbon-free electricity by 2050, all while providing great value for our customers, communities,
and shareholders. We took important steps on that journey this past year, completing three major Steel for Fuel wind
projects, which contribute to the almost 4,700 megawatts of additional wind expected on our system by 2021. We
begin the new year well-positioned to deliver on our financial objectives in 2020 and beyond.”

WEC Energy Group has reported net income of $1.13 billion, or $3.58 per share, for 2019. This compares to earnings of
$1.06 billion, or $3.34 per share, for 2018. For the fourth quarter of 2019, WEC Energy Group recorded net income of
$243.9 million, or 77 cents per share. This compares to earnings of $205.0 million, or 65 cents per share, for the fourth
quarter of 2018.
“From network reliability to customer satisfaction to earnings and dividend growth, the company continues to
perform at a high level,” said Gale Klappa, executive chairman. “And we’re poised for progress in 2020 as we work to
deliver a clean energy future that is safe, reliable and affordable.”
During the fourth quarter of 2019, two WEC Energy Group utilities — We Energies and Wisconsin Public Service —
were honored for superior reliability of their electric delivery networks. This is the ninth consecutive year that We
Energies has been named best in the Midwest and the first time Wisconsin Public Service has been recognized.

WEC Energy has announced that the company has agreed to increase ownership interest from 80 percent to 90
percent in three Midwest windfarms: Blooming Grove Wind Farm, Thunderhead Wind Energy Center and the Upstream
Wind Energy Center. The total investment is $118 million for an additional 75 megawatts of capacity.
“This agreement marks another step forward for the energy infrastructure segment of our five-year capital plan,”
said Gale Klappa, executive chairman of WEC Energy Group. “The plan calls for deploying $1.8 billion in high-quality
projects that will serve strong, vibrant companies for years to come.”
Invenergy, a leading developer and operator of sustainable energy solutions, is currently building the Blooming Grove
and Thunderhead projects which are expected to achieve commercial operation by the end of 2020. The Upstream
Wind Energy Center, also developed by Invenergy, began service in January 2019. All three wind farms have long-term
offtake agreements with affiliates of investment-grade multinational corporations.
Under the tax rules, the WEC Energy Group investment is expected to be eligible for 100 percent bonus depreciation
and production tax credits. The transactions are subject to receiving all necessary regulatory approvals

Ben Fowke, Xcel Energy’s Chairman, President and CEO, has announced that Bob Frenzel will be named President and Chief Operating Officer and that Brian Van Abel will be the company’s Chief Financial Officer, both effective March 31. As President and COO, Frenzel will have oversight for Xcel Energy’s four operating companies, including the company’s transmission, distribution and natural gas operations. He will continue to report to Fowke. 

Energy-related carbon dioxide emissions in the U.S. fell 2.9 percent last year, according to a new report. The International Energy Agency (IEA) found that the U.S. decline was the largest, at 140 million tons, of any country. It also noted that since 2000, U.S. emissions have decreased nearly one gigaton. “A 15 percent reduction in the use of coal for power generation underpinned the decline in overall US emissions in 2019,” the report said. Globally, energy-related carbon dioxide emissions flat lined at about 33 gigatons following two years of increases.

Alliant Energy Corporation has announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share for 2019 and 2018 as follows:

According to a study by Alliant Energy, you are using power even when you think it’s not on. These “always on” devices include things like wireless internet routers, which need electricity to maintain a constant connection, or televisions, which take a long time to power up and need some juice in order to respond when you push the remote control. But there are dozens of other culprits — including computers, printers, rarely used DVD players and anything with a DC power converter — sucking up power around the clock.
A 2015 study by the Natural Resources Defense Council (NRDC) estimated nearly a quarter of all household electricity use in the United States is consumed by appliances and other equipment in standby mode. Over the course of a year, that can add up to more than $300 worth of electricity for the average Wisconsin household and the equivalent output of 50 large power plants.

Madison Gas and Electric has filed an application with the Public Service Commission of Wisconsin for approval of an agreement to partner with Dane County on a 9-megawatt solar array near the Dane County Regional Airport. The solar array will generate enough carbon-free electricity to provide Dane County with about 40 percent of the energy used by all County-owned facilities.

Xcel Energy filed a request with the Public Service Commission of Wisconsin to provide customers a comprehensive electric vehicle program that would simplify and significantly lower the cost for residential, commercial and fleet customers who would like to install EV charging equipment.

“Our commitment to clean energy is reflected in our strong support for electric vehicles,” said Mark Stoering, president, Xcel Energy-Wisconsin. “Electric vehicles are great for the environment, and as they become more affordable, we’re going to see more of them on the road. Making it easier for customers to own an electric vehicle while helping them save money simply makes sense.”

If approved, customers can use EV charging technology provided by Xcel Energy to help them save money by charging their vehicle during the low-cost overnight hours. With electricity prices cheaper than gasoline, electric vehicles cost less to fuel than combustion engine vehicles. Participating customers can save the most money when charging their vehicles exclusively during off-peak hours from midnight-8 a.m., at prices equating to less than $0.70 per gallon of gasoline.

Under the residential program, customers can choose to have Xcel Energy install a new, smart EV charger with embedded energy-monitoring capabilities. This equipment can charge a customer’s EV faster than a charger that plugs into a typical household outlet. Customers can pay for this new equipment monthly on their bill or up-front.

Xcel Energy is also looking to support commercial customers by expanding the infrastructure services required when installing charging stations for electric vehicles. If the Commission approves the request, Xcel Energy anticipates making the program available in mid-2020.

In a filing submitted to Minnesota regulators, Xcel proposes to shut down its Allen S. King and Sherco unit 2 generators during the spring and fall and run them only when profitable.
The move could save between $8.5 million and $28 million a year on fuel costs alone, according to Xcel, which expects to save another $2 million a year in operations and maintenance costs and avoid more than $27 million in capital investments in the King plant before its retirement in 2028. As a result, Xcel expects to eliminate between 2.7 million and 6 million tons per year of planned carbon dioxide emissions.

Wisconsin regulators authorized construction of a $700 million natural gas generator in Superior in spite of concerns over the project’s environmental impact.
The Public Service Commission has voted 2-1 to approve a permit for Dairyland Power Cooperative of La Crosse to build the 625-megawatt Nemadji Trail Energy Center, which is to be jointly owned by Duluth-based Minnesota Power.

The utilities have argued the plant is needed to allow them to move away from coal-fired generation and that it will support the addition of intermittent sources like wind and solar.

A new turbine design from UW-Green Bay’s engineering department aims to improve the efficiency of wind power generation. The system’s inventor, Md Maruf Hossain, has applied for a patent on the design, and WiSys is seeking commercial partners in the wind power generation industry to help develop the new technology. WiSys handles licensing for UW System universities other than UW-Madison and UW-Milwaukee.
According to an information sheet, most wind power generation comes from horizontal axis wind turbines. But WiSys says vertical axis systems have several advantages including lighter weight and improved function during “turbulent, small and inconsistent wind situations.”

The Stout Technology and Business Park and the Menomonie Industrial Park both have shovel-ready
sites certified through Xcel Energy’s Certified Sites program.

There are about 130 elements required to become an Xcel Energy certified site, ranging from asking
price to environmental studies and a letter of support, said Brian Elwood, general manager, customer
and community service for Xcel Energy in Wisconsin and Michigan.
“By promoting economic development, Xcel Energy helps bring jobs and capital investment to the
communities and regions we serve,” Elwood said. “The certified sites program provides an opportunity
for the company to efficiently highlight and market communities’ key assets to businesses looking to
relocate or to expand operations. Time is of the essence when trying to attract or retain potential clients.
Having certified sites cuts some of the red tape, providing speed to market for the potential clients and
reducing their risk.”

Xcel Energy started the certified sites program in 2017. Nationally, the company has 37 certified sites,
five ready sites and 27 ready buildings in its eight-state service territory, Elwood said. In Wisconsin, the
company has six certified sites, including the two in Menomonie.

WEC ENERGY GROUP RAISES QUARTERLY DIVIDEND
WEC Energy has declared a quarterly cash dividend of 63.25 cents per share on the company’s common stock, an increase of 7 percent over the current quarterly dividend of 59 cents a share. This raises the annual dividend rate to $2.53 a share.

The higher dividend is payable March 1, 2020, to stockholders of record on February 14, 2020. This marks the 310th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders.

XCEL BOARD DECLARES DIVIDEND ON COMMON STOCK
The Board of Directors of Xcel Energy has declared a quarterly dividend on its common stock of 40.5 cents per share. The dividends were payable January 20, 2020, to shareholders of record on December 26, 2019.
Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.6 million electricity customers and 2.0 million natural gas customers through its regulated operating companies.

LANE ELECTED TO WEC ENERGY GROUP BOARD OF DIRECTORS
Tom Lane, Vice Chairman of Energy Capital Partners, has been elected to the board of directors of WEC Energy Group (NYSE:WEC), effective January 1. The addition of Lane reflects the board’s commitment to succession planning as several directors approach retirement age.

Lane was a partner at Energy Capital Partners from its inception in 2005 through the end of 2016. Prior to joining the private equity firm, Lane, 62, worked in the Investment Banking Division of Goldman Sachs. As a managing director, he provided senior-level coverage for electric and gas utilities, independent power producers and midstream energy companies throughout the country. Lane is a graduate of Wheaton College. He received an MBA in Finance from the University of Chicago.

MICHAEL D. GARCIA APPOINTED TO ALLIANT ENERGY BOARD OF DIRECTORS
The Alliant Energy Board of Directors has appointed Michael D. Garcia as a new director effective January 1, 2020. Mr. Garcia, 55, is President of Domtar Corporation’s (NYSE: UFS; TSX: UFS) Pulp and Paper division, responsible for the strategy and oversight of its pulp, paper and biomaterials businesses. Domtar is North America’s largest producer of uncoated free sheet (white papers) and one of the largest softwood market pulp producers in the world.
“We’re pleased to welcome Michael to our board of directors,” said John O. Larsen, Alliant Energy Chairman, President and CEO. “As a military veteran with diverse global executive management experience, he will bring fresh insights and a unique perspective that will help us continue to power what’s next for our customers, communities and shareowners.”
Mr. Garcia joined Domtar in 2014 after spending more than four years with Evraz PLC. He was Chief Executive Officer for Evraz Highveld Steel and Vanadium from 2011 to 2014 and Senior Vice President, Manufacturing & Supply Chain, from 2010 to 2011.
Mr. Garcia is a Director of the Federal Reserve Bank of Richmond, Charlotte Branch, and an at-large board member of the United Service Organization (USO) of North Carolina. He is a graduate of The U.S. Military Academy at West Point and holds an MBA from Harvard University.