Alliant Energy releases Corporate Sustainability Report
Alliant Energy released on Tuesday its Corporate Sustainability Report, which outlines the company’s continuing efforts to meet the needs of its customers affordably, safely, reliably and sustainably.
“Our world is changing – and so are we,” Alliant Energy Chairman, President and CEO John Larsen said. “We’re listening to our customers, employees, and key stakeholders and continuing to evolve how we do business. Every day, our work is focused on enhancing the environmental, social, and economic conditions of the communities we have the honor to serve.”
Alliant Energy expects to spend approximately $2 billion on new company-owned wind generation between 2016 and 2019. By the end of 2020, the company will own 12 wind farms with enough capacity to power approximately 60 percent of the company’s residential customer base.
Alliant Energy is targeting a 40 percent reduction in carbon emissions below 2005 levels by 2030 and an 80 percent reduction by 2050. Last year, the company said that it plans to eliminate all existing coal from its energy mix by 2050.
According to the company’s Corporate Sustainability Report, its near-term capital investments from 2019 through 2022 will focus primarily on adding renewables and distribution improvements. The report highlights various initiatives, including two planned solar gardens next to the company’s newest natural gas-fired generating stations, plans to install most new electric lines underground and rebates to 315 residential and 15 non-residential customers for electric vehicle charging stations.
