Iowa Utilities Board Publishes Secret MidAmerican Studies on Clean Energy Transition
DES MOINES, Iowa, Feb. 21, 2023 /PRNewswire/ -- In response to an Iowa Utilities Board Order, MidAmerican Energy filed new public versions of two internal studies that show solar is the lowest cost path for achieving carbon free energy and recognize that transitioning away from burning coal is an essential piece of achieving this goal. The studies also raise questions about the economics of MidAmerican's coal fleet. Despite its own studies' findings, MidAmerican has not announced plans to retire any of its coal plants. In the current Wind PRIME proposal before the IUB, MidAmerican has proposed to build 40 times more wind than solar and to continue to operate its coal plants long-term. MidAmerican is one of the top 10 largest coal fleet owners in the country without a plan for retirement of those plants by 2035.
- Despite its own studies' findings, MidAmerican has not announced plans to retire any of its coal plants.
- MidAmerican initially refused to provide the studies even to the Iowa Utilities Board, then sought to hold the studies confidential in their entirety.
- Environmental groups sought release of the studies to make sure the public had an opportunity to compare MidAmerican's internal findings with its public positions concerning the clean energy transition.
- The Iowa Utilities Board is scheduled to conduct a hearing on the Wind PRIME docket beginning February 20, 2023, during which MidAmerican Energy executives and other parties in the docket will provide testimony.