MBEF Fall Update
The summer months are behind us, which means cooler temperatures ahead. Now is the time to check your furnace, window seals, and fireplace to prepare for winter. Missouri’s Department of Natural Resources has these tips to help you be more energy efficient and save you money.
Let’s take a look at Missouri drought conditions and energy highlights throughout the state.
Much of Missouri Remains in Drought Conditions
U.S. Department of Energy Awards $14 Million in Electric Infrastructure Grants
Great news for Missouri residents as DOE is providing grants to municipalities large and small to strengthen and modernize our electric grid. These upgrades will protect against power outages and blackouts caused by severe weather. The creation of new jobs along with more reliable and efficient power will be a direct result of funding these projects. Communities across Missouri will benefit from these infrastructure upgrades.
Ameren Plans Significant Investments in Gas, Renewables, and Battery Storage
Ameren Missouri submitted its latest Integrated Resource Plan outlining a number of new and future investments to solidify electric reliability, sustainability, and affordability. A highlight is the company’s target of net-zero carbon emissions by 2045. A combination of new investments in natural gas, renewable energy generation, and continued support from nuclear will lead the company’s focus for the next twenty years. Exciting and ambitious plans for Missoui’s largest investor-owned utility company.
Renewable Energy Investment Hits Record-Breaking $358 Billion in the First Half of 2023
As the headline states, countries across the globe are investing major resources in renewable energy. It is not only a demand from consumers, but it is necessary to combat large-scale power outages and extreme temperatures. Baseload power generators like coal, nuclear, and natural gas continue to be critical sources of energy and drivers of our economy, but it is evident now more than ever, that renewable sources contribute significantly to the world’s energy portfolio. Homegrown renewable generated energy will continue to expand in Missouri complementing our baseload power for future generations.
