Friday, October 3, 2014

Ameren Missouri announces 20-year plan for cleaner energy

ST. LOUIS, USA: Ameren Missouri filed with the Missouri Public Service Commission its 20-year plan that supports cleaner energy in the state of Missouri, including major expansions of solar and wind power.

The utility's "Integrated Resource Plan" examines electric customers' projected long-term energy needs and describes Ameren Missouri's preferred approach to meeting those needs in a cost-effective fashion that maintains system reliability as it moves to cleaner and more diverse sources of energy generation.

"We are committed to accomplishing this transition to cleaner energy in a way that is cost-effective and environmentally responsible while maintaining the reliability our customers expect," said Michael Moehn, chairman, president and CEO of Ameren Missouri.

"The plan we have developed and are executing on also calls for preserving energy efficiency programs that help residents and businesses save money, because the cost of saving a kilowatt-hour of electricity is generally less expensive than the cost of generating it from a new resource."

Many of Missouri's electric generation units are nearing half a century old, and Ameren Missouri's comprehensive plan calls for transitioning its generation fleet to a cleaner and more fuel-diverse portfolio over the next two decades as energy centers reach the end of their useful lives.

Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), would add nearly 500 megawatts (MW) of renewable power generation under the plan, which, together with other planned changes to its generation resources, would allow the utility to achieve a 30 percent reduction in carbon dioxide emissions by 2035, based on 2005 levels.

The plan includes construction in 2016 of a second solar energy center that would be the largest in the state of Missouri. Earlier this year, Ameren Missouri broke ground on its first utility-scale solar energy center in O'Fallon, Mo., which is scheduled for completion later this year.

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