A power utility in Wisconsin is planning to install a gigawatt of new solar capacity through 2023.
“We’re putting renewable energy to work for our customers by advancing our renewable energy investments and preparing the energy grid for more distributed energy resources,” said Alliant Energy Chair, President and CEO John Larsen.
The Madison-based utility holding company “said it is also ‘watching closely’ legislative initiatives that suggest that neighbouring Iowa is ‘early in the process’ of building out solar generation in a state where regulated utility subsidiary Interstate Power & Light Co. already has a significant wind generation fleet,” S&P Global Market Intelligence reports, in a dispatch republished by the Institute for Energy Economics and Financial Analysis.
With the completion of the 200-MW Whispering Willow Wind Farm-North, “We now have nearly 70% of our planned 1,000 MW of new wind placed into service for our Iowa customers,” Larson said. “We are on track to complete the balance of this plan by the end of this year.” The company is also adding 730 MW of gas capacity to “complement” its renewables portfolio.
S&P says Alliant serves more than 965,000 electricity and 415,000 natural gas customers across the two states, and meets summer peak electricity demand of 5,459 megawatts.