Ameren Adds T&D as it Seeks to Replace Closing Coal Plants
Attachment: Ameren 1023
October 9, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Ameren Corporation (NYSE:AEE) (St. Louis, Missouri), which currently sources two-thirds of its output from coal and natural gas, is reviving plans to replace generation from its coal-fired power plants that are set to close in the coming years. The midwestern utility also is getting support from state governments for its plans to improve its transmission and distribution (T&D) system.
Industrial Info is tracking nearly $1 billion worth of active projects from Ameren and its subsidiaries, more than 70% of which is attributed to T&D projects. Ameren recently updated the 20-year plan for its Missouri-based subsidiary, where it aims to add 800 megawatts (MW) of gas-fired energy, 4.7 gigawatts (GW) of renewable-sourced energy, and $1.3 billion in battery energy-storage system (BESS) projects by 2036.
