WEC · 8-K · 20261106PR000109

Renewable Energy Transition

WEC ENERGY GROUP, INC. · 2026-11-06 · Importance 89 · Surprise 82

WEC’s 2027–2031 capital plan allocates $13.7 billion to 7,150 MW of regulated renewables and storage: 3,100 MW of solar for $6.2 billion, 3,450 MW of battery storage for $5.9 billion, and 600 MW of wind for $1.6 billion. The company states a long-term goal of net carbon-neutral electric generation by 2050, aligned with pathways aimed at limiting warming to 1.5°C, and reports a 53% reduction in electric-generation CO₂ emissions from 2005 levels. WEC also reports that it has retired nearly 2,500 MW of fossil-fuel generation since 2018 and is targeting retirement of Oak Creek Units 7–8, totaling 611 MW, by the end of 2027.

Key facts