MGE Shareholders for Clean Energy Call on MGE to Lead on Electrification of Transportation Sector

MGE Shareholders for Clean Energy Call on MGE to Lead on Electrification of Transportation Sector

Madison Gas and Electric Shareholders for Clean Energy (SCE) have called upon MGE to lead in the transition to electrified transportation. The local grassroots group filed a resolution that will be voted on at MGE’s annual shareholder meeting on May 16th. The shareholder’s press release states that MGE “has tremendous potential to jump start this coming technological revolution, and to replace polluting energy with clean renewable power. The resolution points to transportation as an emerging market and calls on MGE to work with local partners and national experts to develop a road map for this new value prospect.”

Don Wichert, an energy engineer and shareholder was quoted in the press release stating, “Electric transportation is much more efficient, cleaner and less expensive to operate. MGE has a clear opportunity to show leadership by assembling an expert team to evaluate the technologies and policies to drive the next energy revolution.”

Beth Esser, another shareholder, was also quoted stating that, “In addition, using clean renewable energy will have immediate positive health impacts by reducing pollution from fossil fuels. The resolution builds on recent clean energy initiatives by the City of Madison and Dane County.”

MGE’s Board of Directors opposes this resolution. Their response can be viewed in their Proxy Statement.

The Wisconsin Gazette published an article about the resolution and shareholder meeting.

The full resolution is available to read, as well as the shareholder’s press release. Shareholders can vote in person at the meeting, or online before May 15th. 

Other news and information about MGE Shareholders for Clean Energy can be found on their Facebook Page.

A second resolution was withdrawn after MGE announced its plans for a 66 megawatt wind farm in Saratoga.