in News Departments > FYI
print the content item

We Energies, Madison Gas & Electric (MG&E) and Wisconsin Public Power (WPP) have finalized a settlement agreement with Clean Wisconsin and Sierra Club that ensures the utilities' commitment to environmental initiatives that include reductions in greenhouse gases, investments in additional renewable energy resources and the retirement of older, less-efficient generation.

Clean Wisconsin and Sierra Club opposed a water-intake permit for expansion units at the Oak Creek Power Plant, a baseload coal-fired plant in Michigan. Under the settlement agreement, the environmental groups will withdraw all legal opposition to the permit.

The commitments include:

- supporting legislation to advance Wisconsin's renewable portfolio standard from 10% by 2015 to 10% by 2013 and 25% by 2025,

- investing $5 million to implement projects consistent with the final report of Wisconsin's Global Warming Task Force,

- seeking regulatory approval for 15 MW of new solar generation, which would be developed by providing incentives for customers to install solar capacity, purchasing solar energy output from other generators or constructing solar generation facilities, and

- retiring an additional 116 MW of coal capacity from two generating units at the Presque Isle Power Plant in Michigan no later than the end of 2012.

SOURCE: We Energies, Madison Gas & Electric, Wisconsin Public Power

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Hybrid Energy Innovations 2015
Renewable NRG_id1934
Canwea_id1984