We Energies Extends Life of Oak Creek Power Plant Until 2026
We Energies has adjusted the schedule for decommissioning the Oak Creek power plant, opting to keep Units 7 and 8 operational until 2026. This decision stems from evolving energy market dynamics in the Midwest, where available power supply is becoming increasingly constrained. Maintaining these units ensures We Energies can continue providing dependable electricity, particularly when energy needs are at their highest.
Oak Creek Units 7 and 8 combined represent a power generation capacity of 610 Megawatts and are equipped with updated environmental control technology. Importantly, this extension of the plant's lifespan doesn't alter We Energies’ broader strategy for future power generation. The company remains committed to adding more than 6,300 Megawatts of new capacity over the next five years through a diverse portfolio of resources including natural gas, wind energy, solar power, and battery storage solutions.
We Energies provides electric and natural gas service to over 1.1 million customers in Wisconsin. The company’s announcement also contains the standard cautionary language regarding forward-looking statements, acknowledging potential uncertainties and risks that could impact future performance.
