MGE Energy, Inc. (MGEE): Análise de Pestle [Jan-2025 Atualizado]

No cenário dinâmico da transformação de energia, a MGE Energy, Inc. surge como um jogador fundamental que navega por correntes políticas, econômicas e ambientais complexas. Essa análise abrangente de pestles revela os desafios e oportunidades multifacetados que enfrentam essa utilidade baseada em Wisconsin, revelando como as adaptações estratégicas em energia renovável, inovação tecnológica e conformidade regulatória estão reformulando seu modelo de negócios. Desde incentivos de energia verde em nível estadual até tecnologias de grade de ponta, a MGE Energy está na interseção do desenvolvimento sustentável e da resiliência corporativa, oferecendo uma narrativa convincente do gerenciamento moderno de utilidades em uma era de mudanças ambientais e tecnológicas sem precedentes.

MGE Energy, Inc. (MGEE) - Análise de Pestle: Fatores Políticos

As políticas de energia renovável de Wisconsin que apóiam a transição de energia limpa da MGE Energy

O plano de energia limpa de Wisconsin exige 30% de geração de energia renovável até 2030. A MGE Energy está diretamente alinhada com esta diretiva em nível de estado.

Aspecto político	Requisito específico	Conformidade energética MGE
Padrão de portfólio renovável	30% até 2030	Atualmente com 25% de geração renovável
Alvo de redução de carbono	Redução de 40% até 2030	No caminho certo com US $ 510 milhões em investimento em energia limpa

Regulamentos estaduais incentivando investimentos em infraestrutura de utilidade

Comissão de Serviço Público de Wisconsin aprovado US $ 325 milhões em investimentos em modernização de grade Para energia MGE em 2023.

• Atualizações de resiliência da grade
• Implementação de medidores inteligentes
• Melhorias de eficiência da linha de transmissão

Incentivos do governo local para o desenvolvimento de energia verde

Tipo de incentivo	Valor	Impacto na energia MGE
Isenção de imposto sobre a propriedade	100% para instalações solares	Reduz os custos do projeto renovável
Subsídios locais	Até US $ 500.000 anualmente	Suporta o desenvolvimento de infraestrutura verde

Créditos tributários federais em potencial para projetos de energia renovável

A Lei de Redução de Inflação fornece 30% de crédito fiscal de investimento (ITC) para projetos solares e eólicos.

• Crédito de imposto sobre o projeto solar: 30% até 2032
• Crédito de imposto sobre o projeto do vento: US $ 0,03 por quilowatt-hora
• Crédito de armazenamento da bateria: benefício de impostos adicionais de 10%

MGE Energy, Inc. (MGEE) - Análise de Pestle: Fatores Econômicos

Demanda estável de eletricidade na área metropolitana de Madison

A MGE Energy atende a aproximadamente 155.000 clientes elétricos em Dane County, Wisconsin. A demanda de eletricidade na área metropolitana de Madison demonstra padrões de consumo consistentes.

Ano	Vendas elétricas totais (MWH)	Consumo residencial	Consumo comercial
2022	4,126,000	1.453.000 MWh	2.173.000 MWh
2023	4,189,000	1.478.000 MWh	2.211.000 mwh

Preços moderados de energia influenciados pelas condições regionais de mercado

As taxas médias de eletricidade da MGE Energy refletem a dinâmica do mercado regional:

Segmento de clientes	2023 Taxa média (centavos/kWh)	2022 Taxa média (centavos/kWh)
residencial	14.23	13.87
Comercial	11.56	11.22

Investimento contínuo em infraestrutura sustentável

As despesas de capital da MGE Energy para infraestrutura sustentável:

Categoria de investimento	2023 investimento ($)	Porcentagem de Capex total
Projetos de energia renovável	87,500,000	42%
Modernização da grade	62,300,000	30%

Impactos econômicos potenciais das flutuações de inflação e taxa de juros

Métricas financeiras refletindo pressões econômicas:

Indicador econômico	2023 valor	2022 Valor
Despesas operacionais	$341,600,000	$326,700,000
Despesa de juros	$42,300,000	$38,900,000
Resultado líquido	$146,500,000	$139,200,000

MGE Energy, Inc. (MGEE) - Análise de pilão: Fatores sociais

Crescente preferência do consumidor por soluções de energia sustentável

De acordo com a Administração de Informações sobre Energia dos EUA, o consumo de energia renovável em Wisconsin atingiu 8,6% do consumo total de energia do Estado em 2022. A MGE Energy respondeu a essa tendência com investimentos específicos:

Investimento de energia renovável	Quantia	Ano
Capacidade de geração solar	44 MW	2023
Aquisição de energia eólica	35% da geração total	2023

Aumentando a conscientização da comunidade sobre os impactos das mudanças climáticas

Os dados do Pew Research Center indicam 67% dos residentes de Wisconsin consideram as mudanças climáticas uma preocupação significativa. As métricas de engajamento da comunidade da MGE Energy refletem esta tendência:

Métrica de engajamento da comunidade	Valor	Ano
Programas de educação climática comunitária	12 programas	2023
Participantes do workshop de sustentabilidade	1.450 indivíduos	2023

Mudanças demográficas em Wisconsin, apoiando iniciativas de energia verde

Dados demográficos de Wisconsin relevantes para a adoção de energia verde:

• Idade média: 39,5 anos
• População urbana: 71,4%
• Graduados da faculdade: 29,3%

As expectativas crescentes de responsabilidade ambiental corporativa

As métricas de responsabilidade ambiental da MGE Energy:

Indicador de responsabilidade ambiental	Status atual	Ano -alvo
Meta de redução de emissão de carbono	Redução de 50%	2030
Portfólio de energia renovável	55% da geração total	2025

MGE Energy, Inc. (MGEE) - Análise de pilão: Fatores tecnológicos

Implementação avançada de tecnologia de grade inteligente

A MGE Energy investiu US $ 42,3 milhões em infraestrutura de grade inteligente em 2023. A Companhia implantou 187.000 unidades de infraestrutura de medição avançada (AMI) em seu território de serviço.

Investimento em tecnologia	Valor ($)	Ano de implementação
Infraestrutura de grade inteligente	42,300,000	2023
Unidades de medição avançada	187,000	2023

Investimento em infraestrutura de geração de energia renovável

A MGE Energy comprometeu US $ 124,5 milhões a projetos de energia renovável em 2023. A capacidade de geração solar aumentou para 93 MW, com a geração de vento atingindo 124 MW.

Tipo de energia renovável	Capacidade (MW)	Investimento ($)
Geração solar	93	58,200,000
Geração de vento	124	66,300,000

Transformação digital de sistemas de gerenciamento de energia

A MGE Energy alocou US $ 18,7 milhões para as atualizações do sistema de gerenciamento de energia digital. Implementou tecnologias de manutenção preditiva orientada pela IA em 92% da infraestrutura crítica.

Tecnologias emergentes de armazenamento de bateria e otimização de grade

O investimento em armazenamento de bateria atingiu US $ 37,6 milhões em 2023. A capacidade total de armazenamento de bateria em escala de grade expandida para 45 MWh.

Tecnologia	Investimento ($)	Capacidade
Armazenamento de bateria em escala de grade	37,600,000	45 mwh

Métricas principais de desempenho tecnológico:

• Investimento em tecnologia total: US $ 223,1 milhões em 2023
• Capacidade de energia renovável: 217 MW
• Cobertura de grade inteligente: 187.000 unidades AMI

MGE Energy, Inc. (MGEE) - Análise de Pestle: Fatores Legais

Conformidade com os regulamentos da Comissão de Serviço Público de Wisconsin

A MGE Energy está sujeita a uma supervisão regulatória abrangente da Comissão de Serviço Público de Wisconsin (PSC). A partir de 2024, a empresa deve aderir a requisitos regulatórios específicos:

Aspecto regulatório	Detalhes da conformidade	Custo anual de conformidade
Taxa de procedimentos de casos	Registro arquivado 6630-UR-128	US $ 1,2 milhão
Investimento de infraestrutura	Mandatos de modernização da grade	US $ 45,7 milhões
Proteção ao consumidor	Requisitos de transparência de cobrança	$350,000

Adesão aos padrões federais de proteção ambiental

Principais métricas federais de conformidade ambiental:

• Custo da Lei do Ar Limpo Custo de conformidade: US $ 8,3 milhões anualmente
• EPA Emissões de monitoramento de despesas: US $ 2,1 milhões
• Investimentos de redução de gases de efeito estufa: US $ 17,5 milhões

Requisitos regulatórios em andamento para infraestrutura de utilidade

Categoria de infraestrutura	Padrão regulatório	Investimento de conformidade
Linhas de transmissão	FERC Ordem 1000 Conformidade	US $ 22,6 milhões
Atualizações da subestação	Proteção de infraestrutura crítica do NERC	US $ 6,4 milhões
Segurança cibernética	Implementação da estrutura do NIST	US $ 3,9 milhões

Desafios legais potenciais relacionados a transições de energia renovável

Cenário legal de energia renovável:

• Litígios de integração de energia renovável pendente: 2 casos ativos
• Custo de conformidade padrão de portfólio renovável: US $ 12,7 milhões
• Despesas legais de interconexão solar e de vento: US $ 1,5 milhão

MGE Energy, Inc. (MGEE) - Análise de Pestle: Fatores Ambientais

Compromisso de reduzir as emissões de carbono

A MGE Energy se comprometeu a reduzir as emissões de carbono em 80% em relação aos níveis basais de 2005 até 2050. A partir de 2022, a empresa já havia reduzido as emissões de carbono em 45%.

Ano	Redução de emissão de carbono
2005	Nível de linha de base
2022	Redução de 45%
Alvo de 2050	Redução de 80%

Portfólio de energia solar e eólica em expansão

A MGE Energy investiu US $ 157 milhões em projetos de energia renovável em 2022. A empresa atualmente opera:

• 168 MW de capacidade de geração de vento
• 32 MW de capacidade de geração solar

Tipo de energia renovável	Capacidade (MW)	Investimento em 2022
Vento	168	US $ 112 milhões
Solar	32	US $ 45 milhões

Investimento em infraestrutura de energia sustentável

A MGE Energy alocou US $ 285 milhões para investimentos em infraestrutura de energia sustentável em 2022-2024. A empresa planeja aumentar o portfólio de energia renovável para 500 MW até 2030.

Período de investimento	Investimento total	Alvo de energia renovável
2022-2024	US $ 285 milhões	500 MW até 2030

Estratégias de adaptação para mudanças climáticas para operações de utilidade

A MGE Energy implementou estratégias de resiliência climática com um investimento anual de US $ 45 milhões em modernização da rede e endurecimento da infraestrutura.

Estratégia de adaptação	Investimento anual
Modernização da grade	US $ 30 milhões
Endurecimento da infraestrutura	US $ 15 milhões

MGE Energy, Inc. (MGEE) - PESTLE Analysis: Social factors

Sociological

The social factors surrounding MGE Energy are overwhelmingly positive, driven by the company's location in a high-growth, economically resilient service area and its established commitment to social responsibility. This stability translates directly into predictable customer growth and a favorable operating environment, which is defintely a key component of their long-term value proposition.

You're looking at a utility whose primary service territory, Madison/Dane County, is a demographic outlier in Wisconsin. While state-wide population growth is slowing, Dane County continues to lead, with a projected population estimate of 611,149 in 2025. This strong local economy-anchored by the state government, the University of Wisconsin-Madison, and a robust biotech sector-provides a resilient customer base.

Here's the quick math on customer growth, which underpins their stable earnings:

Metric	Compound Annual Growth Rate (CAGR) 2020-2024
Electric Customer Growth	1.1%
Gas Customer Growth	1.3%

This consistent, albeit modest, growth in customer count reduces regulatory risk by demonstrating a healthy, expanding service area. A growing customer base smooths out rate base recovery.

Strong Commitment to Community Engagement and Equity/Inclusion in Service

MGE Energy has formally integrated 'Equity' and 'Engagement' into its core values, which is more than just corporate boilerplate; it's a strategic move to secure community buy-in for their massive clean energy transition. The company has a Diversity, Equity, and Inclusion (DEI) Steering Team, formed in 2022, that works across the company.

This focus is critical because utility projects often face local opposition. By actively engaging stakeholders, including community-based organizations serving low-income residents, MGE Energy is proactively mitigating social risk around new infrastructure development. They are trying to ensure all customers benefit from new technologies, which is a smart way to manage the social cost of decarbonization.

• Value diverse perspectives in service and workplace.
• Design programs with input from low-income community stakeholders.
• Aim to serve customers without barriers based on income or ethnicity.

Launched a New Commercial Shared Solar Program for Business Customers

The company's commitment to clean energy aligns perfectly with the social desire for sustainability, and their community solar programs are a tangible manifestation of this. In November 2025, the 'Shared Solar - Strix' program opened for enrollment, which includes residential and small business electric customers. This program allows customers to subscribe to shares of locally generated solar power without installing panels on their own property.

The Strix Solar array in Fitchburg, Wisconsin, which serves the program, is a 6-megawatt (MW) facility. The related Shared Solar II program, which includes small business, is set to account for two MW of the system's output for its first six years. MGE is also proposing a dedicated 'Commercial Shared Solar' program for larger business customers, which would offer a fixed rate for a five-year period. This is a clear response to the social demand from the business community for accessible, local renewable energy options.

MGE Energy Marked 50 Consecutive Years of Dividend Increases in August 2025

For investors, the social factor of reliability extends to the shareholder base, and MGE Energy's dividend record is a powerful signal of financial stability. In August 2025, the board increased the regular quarterly dividend rate by 5.6% to $0.4750 per share.

This action officially marked the 50th consecutive year of dividend increases. This milestone, which places MGE Energy in the elite group of Dividend Kings, reinforces the company's image as a disciplined, long-term steward of capital. The annualized dividend rate was raised from $1.80 to $1.90 per share.

MGE Energy, Inc. (MGEE) - PESTLE Analysis: Technological factors

You're looking at MGE Energy, Inc. (MGEE) and seeing a utility that is defintely not sitting still, especially in the technology space. The company's strategy is a clear, aggressive pivot toward next-generation grid technology and energy storage, which is critical for managing the intermittency of renewables. This isn't just about adding solar panels; it's about fundamentally rewiring the system to handle two-way power flow and long-duration storage.

The near-term technological risks are manageable, but the opportunity lies in their early-mover advantage in long-duration energy storage (LDES) and smart grid investments. Here's the quick math: their non-utility venture capital (VC) gains alone show a healthy return on their forward-looking tech bets.

Deployed 11 MW of battery capacity via the Paris BESS in June 2025

MGE Energy's commitment to energy storage technology is now a tangible asset on the balance sheet. The Paris Battery Energy Storage System (BESS) came online in June 2025, marking a significant step in grid reliability and dispatchability (the ability to turn power on or off quickly). MGE Energy owns 11 MW of battery capacity from this facility, which is part of the larger 110 MW battery storage system at the Paris Solar-Battery Park in Kenosha County. This deployment helps smooth out the power flow from the 200 MW solar array, of which MGE Energy owns 20 MW of solar capacity, effectively turning intermittent solar into a more reliable resource.

This is a big deal because it allows them to store energy during low-demand, high-production periods and release it during peak demand, which is a core function of a modern utility. Plus, they received approval in May 2025 for another project, the Sunnyside Solar Energy Center, which will include a 40 MW battery storage system, further accelerating their storage portfolio growth.

Investment gains of $2.2 million in Q3 2025 from venture capital in smart grid technology

The non-utility segment of MGE Energy, Inc. is acting as a strategic venture investor, which is a smart hedge against purely regulated utility returns. In the third quarter of 2025, the company reported investment gains of approximately $2.2 million from its venture capital funds. These funds are not just passive holdings; they are specifically targeted at early-stage companies advancing critical utility technologies, like smart grid solutions, distributed energy resources (DER), and cybersecurity.

This approach gives MGE Energy, Inc. a front-row seat to innovation, allowing them to test and integrate promising technologies before their competitors. The investments focus on:

• Advancing smart technologies for grid management.
• Improving the customer experience through digital tools.
• Enabling the integration of distributed energy resources.
• Supporting transportation and building electrification.

State regulators approved the innovative 18 MW Columbia Energy Storage Project

The June 2025 regulatory approval for the Columbia Energy Storage Project is a technological game-changer. This 18 MW project is the first long-duration energy storage (LDES) system of its kind in the United States, utilizing a revolutionary closed-loop process designed by Energy Dome.

Instead of traditional lithium-ion batteries, this system stores energy by converting carbon dioxide ($\text{CO}_2$) gas into a compressed liquid. When power is needed, the liquid $\text{CO}_2$ converts back to a gas to power a turbine. MGE Energy, Inc. will own 3 MW of the total storage capacity, and the project is expected to provide up to 10 hours of energy storage, which is crucial for grid stability as the company retires older coal-fired generation.

This technology is a clear differentiator, addressing the biggest technical challenge of renewables: storing energy for extended periods. The table below summarizes the key energy storage projects driving MGE Energy's technological transformation in 2025:

Project	Technology Focus	MGEE Capacity (MW)	Status in 2025
Paris BESS	Lithium-Ion Battery Storage	11 MW	Operational (June 2025)
Columbia Energy Storage Project	Long-Duration Energy Storage ($\text{CO}_2$)	3 MW (of 18 MW total)	Regulatory Approval (June 2025)
Sunnyside Solar Energy Center	Lithium-Ion Battery Storage	40 MW	Regulatory Approval (May 2025)

Grid modernization efforts focus on enabling electrification and distributed energy resources

The core of MGE Energy's capital expenditure is focused on building a smarter, two-way grid. This grid modernization is not a buzzword; it's a necessity to meet their carbon reduction goals and integrate the influx of customer-owned generation (distributed energy resources or DER). The company has a forecasted capital investment of nearly $850 million in generation from 2025 through 2029, much of which is dedicated to this smart infrastructure.

The technological efforts are centered on enabling two major trends:

• Electrification: Supporting the growth of electric vehicles (EVs) and electric heating by ensuring the distribution system can handle the increased load and two-way power flow from vehicle-to-grid (V2G) technology.
• DER Integration: Upgrading the distribution system with enhanced monitoring and control technology to manage and optimize power from sources like rooftop solar and small-scale battery storage, which are connected directly to the local grid.

By developing the infrastructure to move from a traditional one-way power flow to a two-way system, MGE Energy is future-proofing its network and ensuring it can reliably meet its goal of supplying 25% of retail energy sales with renewable resources by the end of 2025.

MGE Energy, Inc. (MGEE) - PESTLE Analysis: Legal factors

The legal and regulatory landscape for MGE Energy, Inc. (MGEE) is defined by the Public Service Commission of Wisconsin (PSCW) and a commitment to environmental compliance that goes well beyond the letter of the law. This highly regulated environment means that all major capital investments and future revenue streams are subject to explicit regulatory approval, which introduces both risk and certainty for investors.

Regulatory approval secured for the 20 MW Sunnyside Solar Energy Center in May 2025

A critical legal milestone was reached on May 6, 2025, when the Public Service Commission of Wisconsin (PSCW) approved the construction of the Sunnyside Solar Energy Center. This approval is key because it legally sanctions a significant investment in MGE's clean energy transition. The project is a 20-megawatt (MW) solar array coupled with a 40-MW four-hour battery storage system, which is MGE's first local solar-plus-storage initiative.

This regulatory nod allows MGE to move forward with a project that will serve approximately 6,000 households annually, demonstrating the legal framework's support for the utility's decarbonization goals. The solar array is expected to be operational by the end of 2026, with the battery storage system following in 2027. Securing this pre-approval is defintely a necessary step for any major utility capital expenditure.

The company must adhere to the PSCW decision on the 2026/2027 rate case for future revenue

The most immediate legal and financial determinant for MGE is the outcome of the 2026/2027 rate case, which the company filed in April 2025. This process dictates the authorized rates MGE can charge and the allowed Return on Equity (ROE), directly impacting future revenue and profitability. The good news is a unanimous settlement agreement was reached with all parties, including the Citizens Utility Board (CUB), on September 10, 2025, which significantly de-risks the final decision.

The PSCW is expected to issue its final decision by the end of 2025, with the new rates taking effect on January 1, 2026. This decision is the final word on MGE's pricing structure for the next two years. Here's the quick math on the proposed rate changes under the settlement agreement:

Rate Component	Proposed 2026 Rate Increase	Proposed 2027 Rate Increase	Average Annual Impact (2018-2027)
Overall Electric Rates	0.04%	3.8%	About 1.9%
Overall Natural Gas Rates	2.77%	About 2%	About 1.7%

The settlement supports a minimal electric rate increase of just 0.04% in 2026, followed by a larger adjustment in 2027. This staggered approach helps manage customer bill impacts while still allowing MGE to recover costs from its substantial investment in solar and grid modernization projects.

Proactive Environmental Management System (EMS) ensures compliance beyond legal minimums

MGE's Environmental Management System (EMS) is a key legal risk mitigation tool, moving compliance from a reactive necessity to a proactive, continuous improvement process. The company's policy is to comply with all environmental laws and regulations, but also to actively exceed compliance.

This commitment is validated by external third-party recognition, which helps maintain a constructive relationship with regulators. MGE earned the Green Master designation for the 12th consecutive year in 2025 from the Wisconsin Sustainable Business Council (WSBC), which benchmarks the company against best practices in environmental, social, and governance (ESG) pillars.

The EMS itself has been expanded to cover all company operations, not just individual facilities, and its effectiveness was confirmed by a system-wide audit conducted by a third-party Green Tier-approved auditor in 2024.

• The EMS is certified through the Wisconsin Department of Natural Resources (DNR) Green Tier program.
• It uses an Environmental Management Information System (EMIS) to track compliance and manage environmental risk more efficiently.
• This proactive stance helps reduce the likelihood of costly legal fines or operational delays.

Finance: Monitor the PSCW decision on the rate case and update the 2026/2027 revenue forecast immediately upon the final order.

MGE Energy, Inc. (MGEE) - PESTLE Analysis: Environmental factors

You need to understand MGE Energy, Inc.'s environmental strategy because it's a core driver of their capital expenditures and future rate base growth. Their transition is defintely a long-term play, anchored by ambitious, science-based targets for both carbon and methane emissions, which directly map to investment opportunities through 2035 and beyond.

Goal of net-zero carbon electricity by 2050, targeting an 80% reduction by 2030

MGE Energy has set a goal to achieve net-zero carbon electricity by 2050, which is aligned with the Intergovernmental Panel on Climate Change (IPCC) assessment for limiting global warming to 1.5°C. The near-term target is to deliver electricity with at least 80% fewer carbon emissions by 2030, compared to the 2005 baseline. Here's the quick math: as of year-end 2023, the company had already reduced its carbon emissions by about 40% from the 2005 levels, putting them halfway to their 2030 goal.

What this estimate hides is the significant capital required. The company is estimating more than $1 billion in investment in clean energy and battery storage between 2015 and 2028 to enable this transition.

Expects to eliminate about 75% of coal use by the end of 2025

The company's coal phase-out plan is moving fast, which is a major environmental de-risking factor. By the end of 2025, MGE Energy expects to eliminate about 75% of its current coal use. This reduction is primarily driven by the retirement of the Columbia Energy Center units and the planned transition of the Elm Road Generating Station.

The total elimination of coal-fired generation from MGE Energy's ownership portfolio is now expected by the end of 2032. This shift to cleaner energy sources, like natural gas and renewables, is crucial for maintaining grid reliability while meeting the carbon reduction targets.

Expects to achieve the goal of 25% renewable energy capacity by the end of 2025

MGE Energy is on track to hit a key milestone in its energy mix. The goal is to supply 25% of retail energy sales with renewable resources by the end of 2025. This is a significant jump from the approximately 20% of the overall generation mix that renewable energy accounted for in 2023.

The company's investment in utility-scale solar and battery storage is driving this capacity growth, with several projects coming online in the 2025 fiscal year. This is how they're getting there:

• Darien Solar Energy Center: 25 MW of solar capacity came online in early 2025.
• Paris Solar-Battery Park: 11 MW of battery storage capacity, associated with MGE Energy's 20 MW solar share, is expected online in 2025.
• Strix Solar: The 6-MW solar facility, a local distributed energy resource, began serving customers in early 2025.

Committed to achieving net-zero methane emissions from the gas distribution system by 2035

Beyond electricity generation, MGE Energy is tackling fugitive emissions (methane) from its natural gas distribution business, a potent greenhouse gas. Their target is net-zero methane emissions from the distribution system by 2035.

Strategies to meet this goal include enhanced leak detection and repair, implementing new cost-effective technologies, and exploring the use of renewable natural gas (RNG). The company introduced a new RNG option for customers in 2024 to help offset their natural gas emissions, a smart move to engage customers in the decarbonization effort.

Environmental Target	Goal	Baseline/Current Status (as of 2023/2025)	Target Date
Carbon Emission Reduction (from 2005 levels)	At least 80% reduction	Reduced by about 40% (as of year-end 2023)	2030
Net-Zero Carbon Electricity	Net-Zero Emissions	N/A	2050
Coal Use Elimination	Eliminate 75% of current use	N/A	End of 2025
Renewable Energy Capacity in Generation Mix	25% of retail energy sales	About 20% (in 2023)	End of 2025
Net-Zero Methane Emissions	Net-Zero from gas distribution system	N/A	2035