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KANSAS CITY, Missouri — Evergy, Inc. (NASDAQ: EVRG) in the present day filed its triennial Built-in Useful resource Plan with the Missouri Public Service Fee. This outlines the plan to fulfill buyer electrical energy wants over the subsequent 20 years. It consists of further renewable and dispatchable technology to fulfill rising buyer demand pushed by financial improvement and elevated capability necessities established by the Southwest Energy Pool.

Companywide over the subsequent 20 years, Evergy initiatives it might want to add 5,100 megawatts of renewable power from wind and photo voltaic and 5,200 MW of agency, dispatchable technology — together with 2,500 MW of recent, hydrogen-capable pure gasoline technology throughout 2029–2032 — as its service space is experiencing record-setting financial improvement. The 2024 plan consists of 1,900 MW of further technology over what was anticipated in its 2023 replace submitting. Evergy evaluates the prices for working present crops, including new supply-side technology, and increasing demand-side packages to develop a plan that has the bottom risk-adjusted price in comparison with various plans. Reflecting this evaluation and per earlier plans, the corporate’s 2024 plan requires the retirement of greater than 4,500 MW of coal-based technology and the continued development of demand-side packages over that interval. View a timeline of the plan.

Within the first 5 years, the plan consists of 143 MW of pure gasoline technology added to Evergy’s portfolio in 2024 and the addition of 600 MW of photo voltaic power in 2027 and 450 MW in 2028.

“Financial improvement alternatives in Missouri and Kansas are at historic ranges and our plan displays the technology wanted to assist that development whereas sustaining inexpensive and dependable service for our prospects,” Evergy President and Chief Government Officer David Campbell stated. “We’ll put money into renewable power sources and dispatchable technology to serve the rising electrical energy load in our area, sustaining the various power combine that has served our prospects properly.”

Evergy serves its prospects with a balanced technology portfolio that features roughly 4,600 MW of renewable power. Later this 12 months, the corporate expects to surpass a milestone of producing 150 million megawatt hours of wind power because the inception of its wind portfolio within the early 2000s. With a dedication to a accountable transition to extra sustainable power sources, to this point the corporate has retired 2,400 MW of fossil-fuel technology.

Right this moment, roughly half of the power that serves Evergy prospects comes from carbon-free sources, together with the Wolf Creek nuclear plant and renewable power sources. The corporate has lowered its carbon emissions by greater than 50 p.c since 2005. Evergy’s aim is to scale back carbon emissions by 70 p.c by 2030 in comparison with 2005 ranges, and to realize net-zero carbon emissions by 2045. A mixture of supportive insurance policies and ongoing expertise developments will probably be wanted to realize net-zero by 2045.

“A various power portfolio positions Evergy properly for the accountable transition of our technology fleet,” Campbell stated. “We stay dedicated to advancing reliability, affordability and sustainability as we substitute older, higher-cost crops with newer applied sciences. Agency, dispatchable technology sources will present the capability wanted to make sure reliability for our prospects whereas our continued funding in renewables helps our carbon discount objectives. Many massive industrial and industrial prospects particularly require entry to inexpensive renewable power, and we’re properly positioned to ship on that requirement.”

The Built-in Useful resource Plan filed in the present day on the Missouri Public Service Fee is a triennial submitting that features particulars associated to the Evergy Metro and Evergy Missouri West useful resource plans. The same submitting will probably be made in Kansas in Might, which is able to embrace particulars associated to the Evergy Kansas Central portion of the plan.

About Evergy: Evergy, Inc. (NASDAQ: EVRG), serves 1.7 million prospects in Kansas and Missouri. Evergy’s mission is to empower a greater future. Our focus stays on producing, transmitting and delivering dependable, inexpensive, and sustainable power for the advantage of our stakeholders. Right this moment, about half of Evergy’s energy comes from carbon-free sources, creating extra dependable power with much less affect to the atmosphere. We worth innovation and flexibility to present our prospects higher methods to handle their power use, to create a secure, numerous and inclusive office for our workers, and so as to add worth for our buyers. Headquartered in Kansas Metropolis, our workers are energetic members of the communities we serve.

Press launch from Evergy.