• WEC Energy utilities currently source 26% of their power from carbon-free sources; the company hopes to push that number closer to 80% by 2030.To get there, the group's utilities plan to spend $900 million over the next four years on new renewable generation, including 300 MW of utility-scale solar and 500 MW of wind generation.Construction of the company's first utility-scale solar project just hit the halfway point last week, Conway said. "Topics covered: smart grid tech, clean energy, regulation, generation, and much more.Discover announcements from companies in your industry.The free newsletter covering the top industry headlinesTopics covered: smart grid tech, clean energy, regulation, generation, and much more.The free newsletter covering the top industry headlinesTopics covered: smart grid tech, clean energy, regulation, generation, and much more. As a Fortune 500 company, we value and develop our employees who are making a difference in a mission that matters.We are committed to a cleaner energy future that is safe, reliable and affordable.As part of that effort, we are decreasing power generation costs, reducing carbon emissions, preserving fuel diversity and maintaining reliability. "While WEC Energy Group replaced its retired coal plants with a mix of natural gas and renewables to meet the original goal, the company's 2019 Corporate Responsibility Report outlines a new plan that leans heavily on renewable energy. He had been named president in December 2003.The first of two 545-megawatt natural gas-fueled units begins commercial operation at the Port Washington Generating Station.We Energies sets an all-time demand record for electricity â 6,505 megawatts on July 31.Unit 1 at the company's Pleasant Prairie Power Plant sets a new site record with 517 days of continuous operation.Wisconsin Energy completes the sale of Point Beach Nuclear Plant to FPL Energy, for approximately $924 million.The Blue Sky Green Field Wind Energy Center begins commercial operation.
"We realize that reducing emissions is essential to building a bright, sustainable future," Conway said, "and we're going to continue down the path that we started on. We are aiming to make our electric generation fleet net carbon neutral by 2050 and reducing carbon dioxide emissions by 70 percent below 2005 levels by 2030. WEC Energy Group has been aggressively retiring coal-fired power plants in favor of natural gas, wind, and solar power generation capacity. Customers are asked to conserve energy.Wisconsin Electric places first 120-megawatt generating unit in service at Oak Creek Power Plant. This marks the 312 th consecutive quarter — dating back to 1942 — that the company will have paid a dividend to its stockholders. Another major subsidiary, We Power, designs, builds and owns electric generating plants. Milwaukee-based WEC Energy Group said Monday that it closed its Presque Isle coal-fired power plant in Michigan’s Upper Peninsula, and is replacing the electric generation with a … They include the 1,100 megawatt Oak Creek plant and 1,200 megawatt Elm Road Generating Station . The 10,600-acre site has 88 turbines and a generating capacity of 145 megawatts.The second 545-megawatt natural gas-fueled unit begins commercial operation at the Port Washington Generating Station.
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