October 4, 2017 Read More →

Editorial: Ameren Missouri Is Making the Right $1 Billion Move

Columbia Missourian:

We applaud Ameren Missouri’s announcement this past week to invest $1 billion in wind and solar power technology.

The utility, which operates a coal-fired power plant in Labadie, says the investment will ultimately allow it to reduce its carbon emissions by 80 percent in 2050 from 2005 levels.

Ameren said it would add at least 700 megawatts of wind generation by 2020.

Without question, this is a significant shift in strategy for Ameren, which has relied on coal-fired power plants to generate the bulk of its power.

The utility said it would retire two coal-fired plants and phase out two units at its Labadie facility in 2037.

While the times have changed and consumers have  clamored for cleaner energy, the demand for affordable power has always driven investment decisions.

Wind and solar power generation technology has improved to the point where it is becoming more affordable than traditional coal and gas technology.

That’s why more and more companies and municipalities are adopting renewable energy goals in addition to reducing the carbon footprint. It’s good for the environment and for the bottom line.

More: Right on Renewables

Comments are closed.