CEO Message: Working Together for a More Sustainable Future

Jeff Keebler

From Jeff Keebler, Chairman, President and CEO

To Our Valued Customers:

Since announcing our Energy 2030 framework, we have moved forward on a number of new initiatives. Our efforts reflect the valuable input we have received from customers and stakeholders, and we wanted to give you an update.

Under Energy 2030, MGE committed to reducing carbon emissions 40% by 2030. Beyond 2030, we are committed to reducing carbon emissions at least 80% by 2050. And, if we can go further faster by working together with you—our customers—we will.

Our commitments align with the goals of the U.S. Mid-Century Strategy (MCS) for Deep Decarbonization. The MCS is the U.S. strategy for meeting the goals of the Paris Agreement on climate change to limit global temperature increases to two degrees. MGE's goals are consistent with the U.S. emissions targets and the 2-degree scenario.

Here is an update on some of our recent initiatives:

  • Our new 66-megawatt Saratoga wind farm—our largest wind farm to date—is under construction in northeast Iowa.
  • We also have purchased a share of the Forward Energy wind farm in Wisconsin to help provide cost-effective clean energy to our customers. When combined with Saratoga, this grows our MGE-owned wind generation by more than 200%.
  • We are seeking regulatory approval to build two large solar projects with WEC Energy Group. If approved, MGE's ownership share would be 100 megawatts..
  • Our Shared Solar program in partnership with the City of Middleton came online in 2017. It is fully subscribed, and we are planning to expand the program.
  • We are helping large customers create customized renewable energy solutions to power their businesses through a new, innovative program.

In addition, we are helping to transform transportation in the Madison area by advancing electric vehicles through partnerships with our customers at homes, at businesses and with fleets. The electrification of transportation is recognized nationally as a key strategy for reducing carbon emissions. We have partnered with the City of Madison Metro Transit to secure federal funding for electric buses and charging infrastructure. The City has a goal to electrify 50% of our community's buses by 2035. MGE provided financial and in-kind support as well as expertise to support the City's electrification efforts.

Also important is our continued work to help customers use energy efficiently with technology-based programs to reduce and manage their energy use. We thank our customers for partnering with us, and we look forward to building a cleaner, smarter energy future together.


Jeff Keebler