Ameren Missouri Kicks Off ‘Renewable Choice’ Customer Initiative

Posted On Dec 31 2020 by

first_imgAmeren Missouri Kicks Off ‘Renewable Choice’ Customer Initiative FacebookTwitterLinkedInEmailPrint分享St. Louis Public Radio:In a couple of years, Missouri cities and corporations could be receiving more electricity from wind power as Ameren Missouri ramps up its wind power facilities. The utility filed a proposal with the Missouri Public Service Commission on Monday to give its largest customers the opportunity to participate the Renewable Choice Program, which would supply them with electricity from wind power. Ameren Missouri generates 100 megawatts of its electricity supply from wind, but in September, it announced plans to add 700 more megawatts of wind to its portfolio — which is roughly equivalent to serving 200,000 homes. If plans are approved by state regulators, Ameren hopes to make the program available and have new wind power facilities online by 2020. “Our customers are looking for choice to meet their sustainability goals. They can procure renewable energy through Ameren as opposed to trying to acquire it themselves,” said Ajay Arora, Ameren Missouri’s vice president of environmental services and generation resource planning. The company also announced in September that it aims to cut its 2005 emission levels by 80 percent by the year 2050.  Arora said the utility is focusing primarily on wind because of rising customer demand for renewable energy and increasing affordability of wind power. “Wind technology has improved pretty rapidly and has become highly efficient,” Arora said. “So that’s really reduced prices for wind energy when combined with federal incentives for the technology.” The state of Missouri also requires all major utilities to generate 15 percent of its energy portfolio from renewable sources by 2021; Ameren Missouri is currently at 5 percent.More: More wind energy on the horizon for Ameren Missouri’s corporate and municipal customerslast_img read more


Shelby aims to attach bank rules overhaul to spending bill

Posted On Dec 18 2020 by

first_imgby: Victoria McGrane and Ryan TracyOn Tuesday, Senate Banking Chairman Richard Shelby cryptically informed the financial world to “stay tuned this week” for possible developments in a broad financial regulatory bill he wrote in May.On Wednesday, the Alabama Republican revealed his plans: Getting his legislation attached to a Senate spending bill.A subcommittee of the Senate Appropriations Committee voted Wednesday morning to add Mr. Shelby’s legislation to a bill that would fund financial-sector regulators. The full Senate Appropriations Committee is slated to approve the spending bill, with the Shelby text, on Thursday.The maneuver is the latest twist in Mr. Shelby’s efforts to push the most significant set of changes to the financial regulatory regime since the 2010 passage of Dodd-Frank. The Senate Banking Committee approved his legislation in a party-line vote in May. While Democrats on the committee support some of the bill’s provisions, particularly those aimed at lightening the regulatory burden on smaller banks, they strongly oppose others. Mr. Shelby needs the support of at least some Democrats to get the bill passed by the full Senate. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more