Ameren(US:AEE) Prnewswireยท2025-02-14 11:58Core Viewpoint - Ameren Missouri is revising its generation strategy to enhance economic growth, reliability, and job creation in Missouri, targeting 1.5 gigawatts of new energy demand by 2032 through a balanced mix of generation resources [1][4]. Group 1: Generation Strategy and Investments - The updated Preferred Resource Plan (PRP) aims for an overall increase of 1.8 gigawatts of capacity by 2030 and a total of 2.3 gigawatts by 2035, representing an additional investment opportunity of $5 billion by 2030 and $7 billion by 2035 [4]. - The Smart Energy Plan includes a $16.2 billion investment over five years to modernize infrastructure, enhancing grid reliability and resiliency [2][6]. - Ameren Missouri plans to build 1,600 megawatts of natural gas generation by 2030 and a total of 6,100 megawatts by 2045, alongside 2,700 megawatts of renewable energy by 2030 [7]. Group 2: Economic Development and Community Impact - In 2024, Ameren Missouri facilitated nearly two dozen new economic development projects and has construction agreements with potential large load customers [2]. - The company has spent approximately $2 billion with Missouri-based suppliers and contractors, benefiting over 1,200 businesses across 60 counties [9]. - Businesses announced more than $3.1 billion in planned capital investment to relocate or expand in Ameren Missouri's service territory in 2024 [8]. Group 3: Reliability and Infrastructure Improvements - The Smart Energy Plan has led to the installation of 134 new or upgraded substations, enhancing service across Missouri [6]. - Smart switch technology has significantly improved reliability, restoring power for over 50,000 customers during major storms in 2024, saving 8 million minutes of outages [8][12]. - The plan includes deploying 1,000 megawatts of battery storage by 2030 and planning for 1,500 megawatts of new nuclear energy generation by 2045 [7].