Data Centres and Beyond: WEC Energy powering regional US growth
Source: https://www.podbean.com/eau/pb-97cdk-164e7f4 US utilities are on the verge of a significant growth super cycle, fuelled ...
Executive Chairman of the Board, WEC Energy Group
Search every verified Gale Klappa interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Gale Klappa, executive chairman of WEC Energy Group, has discussed the company's focus on what he calls "affordable, reliable, and clean" (ARC) energy. In a 2023 interview, he stated that the company's five-year capital plan calls for investing over $20 billion in transmission, solar, wind, battery storage, and natural gas generation. Klappa said the company aims to reduce CO2 emissions by 80% from a 2005 baseline by the end of 2030. He described a 2023 test blending hydrogen with natural gas at a power plant in Michigan's Upper Peninsula, saying emissions came down, efficiency stayed the same, and the equipment was not damaged. Klappa also noted that the company's dividend policy is to pay out between 65% and 70% of earnings, with projected earnings per share growth of 5% to 7% annually. Klappa has commented on the broader energy transition and the economy in the region. In a 2024 interview, he said the economy in Wisconsin remains strong, citing a 2.6% unemployment rate and Microsoft's announced $1 billion investment in a data center complex south of Milwaukee. Regarding the goal of a fully carbon-free grid by 2035, Klappa said in a 2021 earnings call that he considers it "one tall order" and analogized it to a "moonshot," noting the need for "enormous technological change." He has also discussed the variability of wind power, stating that in the Midwest, wind capability can drop from 25,000 megawatts to 5,000 megawatts overnight, requiring other reliable sources to make up the difference.
Source: https://www.podbean.com/eau/pb-97cdk-164e7f4 US utilities are on the verge of a significant growth super cycle, fuelled ...
Gale Klappa, Executive Chairman of WEC Energy Group (NYSE:WEC), isn’t just focused on powering Wisconsin and his 4.6 million customers across the Midwest. Klappa is helping the Badger State grow as well, while growing shareholder value at the same time. He sat down Inside the ICE House to discuss the business of WEC and its emphasis on Affordable, Reliable, and Clean (ARC) energy. A renaissance man, Kappa dives into his roles with the NBA’s Milwaukee Bucks, highlighting how he balances being a minority owner of the team while also serving as radio host of “Courtside with the Milwaukee Bucks.”…
Gale Klappa, WEC Energy Group Executive Chairman, discusses his vision for the energy transition and the results of WEC's clean energy projects including hydrogen power and long-term battery storage with Judy Shaw on #NYSEFloorTalk. @wisconsinenergy #cleanenergy #hydrogen #energy
Gale Klappa (Executive Chairman & Office of the Chair - WEC Energy Group, Director - Associated Banc-Corp and Badger Meter Inc.) sits down with Annex Wealth Management’s President & CEO, Dave Spano CFP® for a four-part interview exclusive.
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Interview with Gale Klappa, Executive Chairman of WEC Energy Group at the London Stock Exchange Studios.
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Gale Klappa receives Responsible CEO of the Year award from Corporate Responsibility magazine.
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