WEC · 10-Q · 2026Q3 · Full report

Grid Modernization and Reliability

WEC ENERGY GROUP, INC. · 2026-10-30 · Importance 52 · Surprise 42 · In source text

WEC says it will continue strengthening and modernizing generation and electric and natural gas distribution networks to improve reliability. The PSCW approved a two-billion-cubic-foot LNG facility at the OCPP site, and additional Wisconsin LNG facilities of approximately two Bcf have been proposed to reduce the likelihood of winter-day gas supply constraints. In Illinois, PGL is working under an ICC order to retire cast- and ductile-iron pipe under 36 inches in diameter by January 1, 2035. WEC plans approximately $7.6 billion for natural-gas distribution reliability and $5.2 billion for electric-distribution reliability from 2027 to 2031, with investment continuing over the following decade.

Key facts

• WEC Energy Group forecasts electric distribution investment of $1,032.0 million, $1,023.0 million, and $976.0 million over the next three years, respectively. source
• WEC Energy Group expects to spend approximately $7.6 billion on natural-gas-distribution reliability projects from 2027 to 2031, with continued investment over the next decade. source
• WEC Energy Group expects to spend approximately $5.2 billion on electric-distribution reliability projects from 2027 to 2031, with continued investment over the next decade. source
• The PSCW approved WE’s request to build an LNG facility with 2 Bcf of storage capacity at the OCPP site. source
• WEC Energy Group’s capital plan proposes additional Wisconsin LNG facilities providing approximately 2 Bcf of natural gas supply. source
• Wisconsin electric and natural gas distribution expenses increased $3.2 million due to higher distribution-system maintenance costs. source

Impact estimates