Alliant Energy Pledges To Eliminate Coal From Its Portfolio By 2050

By Frank Andorka, Senior Correspondent

Days after announcing it would pay $110 million to get out of a contract that required it to buy power from an Iowa nuclear plant, Alliant Energy announced it was planning to reduce its carbon emissions by 80% and eliminate coal from its portfolio by 2050.

The Madison, Wisconsin-based utility that serves Iowa in addition to its home state made the announcement in its corporate sustainability report.

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The company says it plans to spend $2 billion on new renewable investments including wind and solar, including doubling the number of wind sites from six to 12 (some of which, as we reported last week, will go to offset the retirement of the nuclear plant). They also pledged that renewables would make up 30% of the utility’s total generation portfolio by 2030.

Alliant Energy Chairman and CEO Patricia Kampling said:

Alliant Energy is acting today to create a better tomorrow for our customers and communities,” said “We are transforming our energy fleet with an eye on customer cost, carbon reduction and providing cleaner and reliable power to the communities we serve.

One of the most interesting parts of the press release announcing the plan was this:

These actions will enable Alliant Energy to exceed carbon reduction goals pledged originally by the U.S. under the voluntary United Nations Paris Accord. While the Accord calls for reducing carbon 32 percent below 2005 levels by 2030, Alliant Energy’s plans enable a 40 percent reduction by that time.

It also announced Dubuque community solar garden is the first Envision® Platinum-rated solar project in the nation.

The bottom line is this: Clearly, President Donald Trump’s decision to pull out of the Paris Accord has not stopped the U.S. business community – including utilities directly affected by the greenhouse-gas emission targets – from continuing efforts to make sure those goals are met and (in the case of Alliant Energy, for example) exceeded. And the clean energy revolution, whether that’s wind or solar, is continuing along below the surface without no signs of abating.

Maybe it’s time for the federal government to realize that it’s time to stop fighting rearguard actions to save underperforming and ill-performing coal and nuclear plants. It’s simple really; all they’d have to do is follow Alliant Energy’s lead.

Gone With The Wind: Wind Farms Hasten The Closure Of An Iowan Nuclear Plant

By Frank Andorka, Senior Correspondent

Another one bites the dust: Another nuclear plant is going offline – this one five years earlier than planned – at least in part thanks to the power of four nearby wind plants, which will partially replace the generating power of the nuclear facility.

NextEra’s Energy has decided to close the 615 MW Duane Arnold Energy Center (DAEC) five years prior to its expected decommissioning in part because the energy conglomerate can sell power from its four wind plants more inexpensively and cleanly. The company supplies energy for Alliant Energy, which supplies electricity to customers in Iowa and Wisconsin.

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The four wind farms will replace 340 MW of the generation capacity, and Alliant plans to build its own wind plants in Iowa to make up the rest.

What makes the decision most remarkable is that it comes against the backdrop of plans being hatched in Washington D.C. to interfere in the nuclear market and prop up uneconomic nuclear and coal plants using national taxpayer money to do it. Estimates on what the bailout will cost vary, but some experts have put the number as high as $34 billion. It’s worth asking the denizens at the Department of Energy why they feel it’s important to keep these plants open when the companies on the ground – like NextEra and Alliant – are obviously perfectly OK with closing the plant.

Heck, Alliant is even paying NextEra $110 million in September 2020 to ensure the plant closes five years before its power-purchase agreement (PPA) with the plant runs out. So what on Earth are the regulators and politicians in Washington thinking?

Stories like this one out of Iowa need to be heard at the highest levels of our government in the hopes that the harebrained bailout scheme can still be headed off. Senators and Congressmen need to be held accountable for trying to pick winners and losers in the electricity generation game. Otherwise, they’re just a bunch of hypocrites paying off their donors.