Environmental and Sustainability Report
MGE has issued its 2019 Environmental and Sustainability Report. The report details our sustainability goals. It also covers our clean energy investments and partnerships with customers and other stakeholders to advance sustainability through energy efficiency, new technologies and other ways.
Net-zero carbon electricity by 2050
MGE is targeting net-zero carbon electricity for our customers by 2050.
"Our goal reflects our vision and signals our direction, but it does not determine our pace. We're making decisions every day to achieve deep decarbonization as quickly and cost-effectively as we can while working to ensure all customers benefit from the use of new technologies and investments in clean energy," MGE Chairman, President and CEO Jeff Keebler said.
MGE already has been on a path to reduce carbon emissions at least 80% by 2050 from 2005 levels. This commitment aligns 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.
Both the Intergovernmental Panel on Climate Change (IPCC) and the MCS rely on decarbonizing electric generation, using energy efficiently, and electrifying other energy uses, including transportation. These are the strategies MGE is pursuing and will continue to pursue to achieve deep decarbonization.
In November 2015, MGE introduced our Energy 2030 framework for a more sustainable future. Energy 2030 laid out our foundational objectives for building your community energy company for the future. Since announcing our Energy 2030 framework, we have developed projects that will increase our owned renewable capacity by roughly 600%.
Environmental and Sustainability Report highlights
The 2019 Report features information about MGE's corporate strategy and climate-related matters, safety and operations, customer and employee engagement, governance and oversight. Highlights include:
Recent development of clean energy projects equating to a roughly 600% increase in owned renewable capacity when all projects come online, including the Badger Hollow Solar Farm and Two Creeks Solar and the expansion of MGE's successful Shared Solar program.
MGE's partnership with the University of Wisconsin-Madison's Nelson Institute for Environmental Studies to evaluate the company's net-zero carbon goal.
The launch of MGE Connect™, a residential program to help MGE better understand the role and impact of using smart devices to manage the grid.
How MGE is forward-thinking in electrifying transportation, working with customers, stakeholders, municipalities and other partners to grow the use of electric vehicles (EVs) and to facilitate charging options throughout the community.
MGE's record of top-ranked electric reliability and its employee-led safety initiatives to ensure safe, reliable electricity and natural gas for customers.
The company's efforts to help improve the quality of life for those it serves by giving back to the community through the MGE Foundation, corporate giving and employee volunteerism.
MGE is participating in the Edison Electric Institute's (EEI) environmental, social, governance and sustainability-related reporting template. The voluntary, industry-specific templates provide current data and information on MGE operations and other matters.
- Quantitative template: includes data related to MGE’s energy portfolio (generation and capacity), emissions, capital expenditures, and human and natural resources.
- Qualitative template: includes information related to our company’s management and oversight of and strategies for transitioning toward deep decarbonization and greater sustainability.