Wisconsin Energy Regulators to Make Unprecedented

Wisconsin Energy Regulators to Make Unprecedented Decisions as State Goes Green

Energy regulators in Wisconsin are poised to make decisions unprecedented in the state’s history as it speeds up its transition to clean energy. Renewables accounted for only 3% of Wisconsin’s capacity in 2008, but now the Badger State draws a whopping 28% of its energy from green sources such as solar and wind.

While this pales in comparison to what many European countries have achieved, it is a monumental achievement for Wisconsin and a stepping stone to even greater successes in the renewables segment.

However, some green-energy proponents say the state’s current pace of green-energy adoption isn’t fast enough to stave off climate-change-related harms and argue that Wisconsin should take an even more aggressive approach to adopting clean energy. RENEW Wisconsin executive director Sam Dunaiski notes that the state still has room to invest in renewables and deploy the necessary infrastructure. Tweaking a few of the state’s policies would allow for an even more efficient transition, Dunaiski says.

The Public Service Commission will deal with the challenges involved in deploying renewable energy infrastructure and delivering it to customers at relatively low costs. This will require walking a fine line to ensure various costs are low enough to make renewables accessible to everyone while ensuring the green-energy transition doesn’t put service delivery to millions of Wisconsin residents at risk. The state is at a pivotal moment in its race to achieving carbon neutrality, Public Service Commission chair Summer Strand says.

Strand noted in a recent interview that the commission is analyzing different elements of the green transition, including the need to ensure constant energy supply without raising energy costs for consumers at a time when politics are becoming increasingly involved in energy issues. President Joe Biden’s administration has taken significant steps to accelerate America’s transition, but GOP presidential candidate Donald Trump has repeatedly derided Biden’s renewables-related policies, saying he will redirect funds dedicated to green energy.

With the elections only a few months away, discussions around energy issues are becoming more politically charged. According to documents from the Public Service Commission, electricity demand in Wisconsin could remain mostly unchanged but likely won’t be due to certain developments. Microsoft is about to begin constructing a $3.3 billion data center in Racine County, a facility that is set to consume so much electricity that local utilities will have to install new infrastructure to handle the additional load.

Furthermore, increased electric-vehicle adoption coupled with overnight charging would significantly affect historic energy use patterns that typically see people use less energy at night compared to the day. These likely increases in power demand could be fulfilled by Wisconsin’s surging solar and wind capacity.

Many more states and countries are making the transition to renewable energy, and they will need lots of critical metals in this process. Some enterprises such as First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) seem well positioned to benefit from this growing demand given the strategic location of their operations within the North American region.

NOTE TO INVESTORS: The latest news and updates relating to First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) are available in the company’s newsroom at https://ibn.fm/FSTTF

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