Evergy to spend $11.6B over 5 years to support clean energy transition

摘要

Evergy Inc. on Feb. 24 unveiled an $11.6 billion capital investmentplan for 2023 through 2027 to support the company’s transitionto cleaner energy resources.The new five-year capital plan is an increase of about $900million over its nearly $10.7 billion capital plan for 2022 through2026 as Evergy pursues net-zero carbon emissions by 2045.Evergy plans to spend $6.6 billion over the next five years ongrid modernization and earmarked about $2.1 billion for “newrenewables and other generation to advance the company’songoing fleet transition and increase the share of low-cost,emissions-free generation.”“Nearly 60 of our planned investment is targeted towardstransmission and distribution projects as we continue tomodernize our grid to improve reliability and enhance resiliencyfor our customers,” Evergy President and CEO David Campbellsaid on the company’s fourth-quarter 2022 earnings call.