Investor Presentaiton
Replacing Coal Generation in Kentucky with Combination of
Natural Gas, Solar and Battery Storage
ppl
CPCN filing supports economic replacement of coal generation with reliable, least-cost, cleaner energy sources
Generation Capacity Additions and Retirements per CPCN Filing (1)
(1) (2)
(Capacity in MW)
CCGT
■Solar - PPA
■Solar - Owned (3
(3)
Battery - Owned ■Coal Retirements
125
120
120
-300
Retiring >30% of aging coal
+30%
generation fleet (~1,500MW)
637
"
621
621
+1.2GW
Planned additions of >1,200MW of
combined-cycle natural gas
-297
* 4
+1GW
-898
Planned additions of nearly 1,000MW
of solar and battery storage
Projected Capital Investment of ~$2.1B (2023-2028)
2024
2025
2026
2027
2028
(1)
(2)
23
Certificate of Public Convenience and Necessity (CPCN) and Demand Side Management (DSM) filing with Kentucky Public Service Commission (KPSC), Case No. 2022-00402. Subject to KPSC approval.
Planned retirements include Ghent 2 and the anticipated impact of the proposed Good Neighbor Rule as discussed in LG&E and KU's CPCN filing.
(3) Includes 120MW self-build solar project with planned COD in 2026 and purchase of 120MW solar facility to be constructed by a 3rd party with a planned COD in 2027.
8
00View entire presentation