Our First Regional Meeting of 2022 is scheduled and ready for registrations!
Our First Regional Meeting of 2022 is scheduled and ready for registrations!
For the fourth year in a row, Alliant Energy was named to Forbes list of America’s Best Midsize Employers. Presented by Forbes and Statista Inc., the list spans 25 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.”
WPS has announced it has added another renewable energy facility near Lake Julia in Rhinelander. The facility, which is officially named Hodag Solar Park, is the first large-scale solar park in the Northwoods region to date. Featuring 21,000 solar panels that can capture solar energy on both sides. The Hodag Solar Park is reportedly capable of generating 7.5 megawatts, which is equal to powering more than 2,000 homes.
“This project is another example of our commitment to delivering affordable, reliable, and clean energy to our customers,” according to Scott Lauber, WPS President. “We’re proud to add another source of renewable energy to power homes and businesses in north-central Wisconsin.”
Bob Frenzel, Xcel Energy’s Chairman, President and CEO, has announced that Patricia Correa joined the company on February 1, 2022 as the new chief human resources officer (CHRO). Correa replaces Darla Figoli, the company’s former Executive Vice President and CHRO whose last day was March 1.
WEC ENERGY GROUP RAISES QUARTERLY DIVIDEND BY 7.4 PERCENT
The Board of Directors of WEC Energy Group declared a quarterly cash dividend of 72.75 cents per share on the company's common stock, an increase of 7.4 percent over the current quarterly dividend of 67.75 cents per share. This raises the annual dividend rate to $2.91 per share. The higher dividend was paid on March 1, 2022, to stockholders of record on February 14, 2022. This marks the 318th consecutive quarter, dating back to 1942, that the company will have paid a dividend to its stockholders.
WEC ENERGY GROUP POSTS 2021 RESULTS
WEC Energy Group has reported net income of $1.3 billion, or $4.11 per share, for 2021. This compares to earnings of $1.2 billion, or $3.79 per share, for 2020 — a year-over-year increase of 8.4 percent. For the fourth quarter of 2021, WEC Energy Group recorded net income of $224.2 million, or 71 cents per share. This compares to earnings of $239 million, or 76 cents per share, for the fourth quarter of 2020. Consolidated revenues totaled $8.3 billion for 2021, up $1.1 billion compared to 2020 revenues.
Madison Gas and Electric has received approval from the Public Service Commission of Wisconsin (PSCW) to purchase part of the Red Barn Wind Farm.
The 9.1 MW purchase of the 92-MW wind farm is in partnership with Wisconsin Public Service (WPS). In total, it will be an approximately 12,000-acre project that will feature 28 turbines.
A federal judge has blocked a power line under construction in Iowa and Wisconsin from crossing the Mississippi River after finding the government’s environmental review was inadequate. Judge William Conley’s ruling throws the fate of the Cardinal-Hickory Creek transmission line into question just months after utilities began construction on the $492 million project.
Conley sided with four conservation groups that sued two federal agencies over approvals of the contentious 102-mile line between Dubuque, Iowa, and Middleton. In an order, Conley said the Rural Utilities Service’s environmental review did not give adequate consideration to alternatives and therefore failed to comply with federal law.
WEC Energy Group has announced that the 190-megawatt Jayhawk Wind Farm in Bourbon and Crawford counties, Kansas, has achieved commercial operation.
Jayhawk is generating renewable energy that is being sold under long-term contract to Meta, formerly Facebook.
The Public Service Commission of Wisconsin (PSC or Commission) held an in-person workshop on Performance-Based Regulation on Tuesday, January 11, 2022, as part of its work in its Roadmap to Zero Carbon docket.
The workshop was designed to facilitate education and dialogue among all interested parties on considerations and options associated with the pursuit for performance-based regulation and will inform Commission decision-making as Wisconsin transitions to zero-carbon electricity consumption by 2050. The workshop focused on the following question:
Mayuri Farlinger has been named vice president of customer and community engagement effective January 1, 2022. Farlinger’s promotion was announced by Terry Kouba, President of Alliant Energy’s Iowa energy company and Senior Vice President of Operations. With this announcement, over one third of Alliant Energy’s senior executive officers are now female.
“Mayuri’s proven and ongoing leadership and initiative at Alliant Energy energizes others and delivers positive results,” according to Kouba. “Her passion for providing innovative solutions is critical to delivering on our purpose to serve customers and build stronger communities.”
In this role, Farlinger is responsible for growing Alliant Energy’s customer base in Iowa by leading the company’s economic development, community engagement and account management areas. She will direct and provide leadership for regulatory activities and initiatives supporting all electric and natural gas customers in Iowa. Farlinger also is responsible for directing and implementing the day-to-day delivery of gas and electric service, power plant operations in Eastern Iowa, as well as working with the company’s Safety Blue Hat program across the state.
Xcel Energy has announced that its Dakota Range I and II Wind Farm is fully operational and is now delivering clean, renewable energy to Xcel Energy’s Upper Midwest customers.
Since 2017, the company has added about 2,000 megawatts of new or rebuilt wind energy to the Xcel Energy Upper Midwest wind portfolio, enough to power more than 945,000 average homes. Overall, the company estimates that more than sixty percent of the energy provided to Upper Midwest customers is currently carbon free, with more than twenty percent of that coming from wind energy. At the end of 2020, Xcel Energy became one of the first energy providers in the United States to reach 10,000 megawatts of wind energy capacity online for customers in the states it serves.
The American Transmission Company (ATC) has completed construction of the Port Washington-Saukville Rebuild Project. This project included a 4.8-mile, 138,000-volt transmission line rebuild, along with modifications at the Port Washington Substation in Port Washington, Wisconsin, and Saukville Substation in Saukville, Wisconsin.
Initially identified in ATC’s 10-Year Assessment in 2009, this $25 million infrastructure investment strengthens electric transmission reliability in the southeast Wisconsin area and improves operating flexibility under certain system conditions. The project was officially placed into service December 18, 2021.
Alliant Energy will soon complete its Prairie du Sac Dam improvement project. The Prairie du Sac Dam parking lot area and access road was closed December 16-17 and December 20-23, 2021, to ensure a safe area for Alliant Energy crews to complete the project and remove barges from the Wisconsin River above the dam.
“We’re excited to wrap up this improvement project, and our number one priority is to complete our work safely,” according to Eric Curtis, Alliant Energy Project Manager. “Using the parking lot as a barge drop off and demobilization staging area will allow crews to finish their work while ensuring the safety of the public, especially those who visit the area for recreational activities.”
The dam improvement project utilized a crane secured to a barge to replace the existing spillway operator deck. The spillway operator deck allows for safe operation of the spillway gates, which benefits the public who enjoy recreation near the dam.
The parking lot area and access road were closed to public vehicle and pedestrian traffic from 5 a.m. to 7 p.m. December 16-17 and December 20-23. The closure allowed about two dozen large construction vehicles to safely remove sections of the barges from the site. Outside of these dates and times, access to the site and waters around the dam remained open.
“For more than 100 years, the Prairie du Sac Dam has delivered clean, safe and reliable energy,” said Curtis. “We appreciate the public’s understanding and patience while we complete this project
Wisconsin utilities installed and placed into service more solar power in 2021 than any other year as utility-scale solar projects are increasing. The growth of renewable electricity is expected to accelerate as part of efforts to meet carbon reduction goals to stave off the worst effects of climate change.
by James Buchen, WUI Executive Director
Legislation has been introduced (SB 490, AB 527, SB 702) that will exempt entities that own or operate renewable generating facilities from traditional utility regulation. The effect of these bills will be to shift significant costs to nonparticipating electric customers and give access to Wisconsin’s energy grid to developers of such projects at no cost to them.
Under current law, persons that provide energy to the public, directly or indirectly, are considered utilities subject to regulation by the PSC. This regulatory scheme is designed to protect consumer interests while providing reliable energy at a reasonable cost. The system also serves to minimize the potential for one group of residential rate payers to be forced to subsidize the price of energy for another group of residential rate payers. In addition, the system ensures that utilities have the necessary capital to finance the construction and maintenance of a large scale, reliable, low cost energy system by providing investors with a fair rate of return on their investments.
Wisconsin utilities are committed to prudently expanding renewable energy generation including substantial investment in solar and wind energy.
Alliant Energy has announced plans for a community microgrid in Richland County, which will help improve reliability for some customers. The community-based microgrid is set to be built in the Village of Boaz as part of the company’s efforts to advance its Clean Energy Blueprint, said the director of Engineering and Customer Solutions.
Alliant Energy noted the project is the first of its kind for them, involving the construction of a small-scale power grid. It will be able to be disconnected from a traditional grid to operate independently in the event of an outage or service disruption. When it is disconnected, Alliant Energy stated that it will serve customers with power from other sources such as a battery, wind, solar or a combination. The site will be built along County Road E in the Dayton Township and will provide for about 120 customers. It is expected to be completed by the spring of 2022.