Investments Projected for a More Sustainable Future
MGE Energy anticipates future investment growth in new technologies, renewable resources and new electric generation.
We project growth in our investments under our long-range Energy 2030 framework, which sets goals for increased renewable energy resources and decreased carbon emissions.
These projected investments include emission control technologies, electric distribution and metering expenditures and continued customer additions in MGE's gas service area. We also anticipate increased expenditures on renewable energy resources and natural gas generation.
In addition, we expect to invest a significant amount of capital in information technology infrastructure for a more dynamic, integrated electric grid. Also, investments in a new customer information system, smart meters and other systems will help enhance the grid and provide customers more information about their energy use.
These new investments will build on MGE Energy's past expenditures, which have been driven by our high standards for energy reliability, by new technologies and by our goals for a more sustainable energy future. In the last 10 years, MGE Energy's assets have nearly doubled.