ST. LOUIS, Feb. 5 /PRNewswire-FirstCall/ -- AmerenUE, a utility operating
company of Ameren Corporation (NYSE: AEE), today published a summary of a
comprehensive plan filed today with the Missouri Public Service Commission.
This Integrated Resource Plan (IRP) details how AmerenUE expects to supply
safe, reliable electricity in coming years. Completed under the direction of
the company's senior management, the report and full plan can be found at
http://www.ameren.com/resourceplan.
The company's goal throughout the planning process remains to provide
energy at reasonable rates, while protecting the environment. The summary
report outlines the preferred plan:
- to aggressively pursue the development of energy efficiency programs
to reduce energy consumption -- AmerenUE customers are using 50
percent more electricity now than they did in the early 1990s;
- to expand the role of renewable energy sources in the company's
overall generation mix;
- to increase operational efficiency at existing plants;
- to select from a range of options for eventually building baseload
generating facilities (larger plants that run almost continuously)
from pursuing research on clean coal technologies to preserving the
option to add nuclear generation given the need to reduce greenhouse
gas emissions;
- to possibly retire some generating units that are older and less
efficient.
"Most of all, this plan shows that at AmerenUE, we are very serious about
helping customers reduce their energy consumption," said AmerenUE CEO and
President Thomas R. Voss. ""We are investing $24 million in 2009 on energy
efficiency programs and ratcheting up that annual investment until it reaches
$56 million by 2015. That level of investment should place Missouri among the
top 10 states in the nation in per-capita spending on energy efficiency."
Voss also cited a company commitment to developing renewable energy
resources. AmerenUE is pursuing an agreement to add at least 100 megawatts of
wind power to this generation portfolio by 2010. The company's target is to
serve at least an additional three percent of its retail electric sales
through new renewable resources by 2020, and AmerenUE has committed to fully
analyzing the technical and economic potential for development of renewable
resources in the region.
In addition to further advance renewable energy options, the company
launched Pure Power in 2007. This voluntary program for Missouri resident and
business customers supports the development of renewable generation through
the purchase of certified renewable energy certificates (RECs). Customers
participating in the program choose to pay an additional 1.5 cents per
kilowatthour (kWh) for the electricity they use. Based on this additional
charge, a typical household using 1,000 kWh of electricity per month would pay
an additional $15.00 on the monthly bill. AmerenUE business customers
participate by purchasing 1,000 kWh "blocks" of Pure Power for $15 per block.
Business customers can purchase as many blocks as they want.
The summary report details the exhaustive, rigorous and disciplined
planning process the company followed to fully comply with Missouri
regulations. For the first time, this process involved multiple stakeholder
meetings with consumer advocates, representatives from organizations serving
low-income customers, large business interests, environmental activists and
state officials from various agencies, including the Department of Natural
Resources, the Office of Public Counsel and the Missouri Public Service
Commission.
This IRP filing and summary report publication follow the Dec. 14, 2007,
publication of a comprehensive environmental report (found at
http://www.ameren.com/envreport) which also points to the corporation's
decision to defer construction of coal-fired generating plants, promote energy
efficiency and develop renewable energy as key pieces of its environmental and
generation strategies.
Comments on materials filed and published today should be sent to
AmerenUE, P. O. Box 66149, MC 100, St. Louis, MO, 63166-6149 or via email to
ResourcePlanning@ameren.com
AmerenUE is the largest electric utility company and the third largest
provider of natural gas in Missouri, with 1.2 million customers across 20,000
square miles. Ameren Corporation, through its utility subsidiaries, provides
energy services to 3.4 million total customers in Illinois and Missouri.
SOURCE: AmerenUE
CONTACT: Susan Gallagher of AmerenUE, +1-314-554-2175
Web site: http://www.ameren.com