Evergy Boosts Capital Spending as it Pursues Net-Zero Carbon by 2045 Goal

SUGAR LAND--July 22, 2021--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Like many of its electric utility brethren, Evergy Incorporated (NYSE:EVRG) (Kansas City, Missouri), formed in 2018 by the merger of Westar Resources and Kansas City Power & Light, is decarbonizing. And, as it acts to shrink its carbon footprint, it is significantly increasing its planned capital expenditures (capex), particularly for transmission and distribution.

Within this article: How Evergy's plans dovetail with the overall power-generation sector's move toward renewable resources, and how fossil fuels could continue to play a role.