other material
confidence high
sentiment neutral
materiality 0.50
MGE Energy, partners delay Columbia coal suspension to 2029, explore gas conversion
MGE ENERGY INC
- Coal operations at Columbia Energy Center now set to end in 2029, shifted from 2026.
- Partners will explore converting at least one unit to natural gas to support reliability and growth.
- MGE holds a 19% ownership interest in the jointly-owned plant in Portage, Wisconsin.
- Shift responds to MISO accreditation changes and expected load growth; carbon goals unchanged.
- Columbia Energy Storage Project (18 MW, 10-hr storage) under regulatory review, operational by end 2027.